PayFlex - How does it works?
How Does PayFlex work?
Shop now. Pay in 4 equal Instalments. Interest-free.
Interest Free? Really!?
Every purchase you make with PayFlex is interest free. With Payflex it is possible to get it now and pay later! Pay your scheduled payments on time and you'll pay the original price the item was advertised on our site. There is only one time you would pay more than the intended price...if you miss a scheduled payment. PayFlex will charge a default fee to cover the cost and a further default fee for every week the instalment is outstanding for a maximum of three (3) charges. So to avoid the drama rama, we encourage you to make sure you have funds available in your account for the scheduled instalments. PayFlex will email you in advance every time as a reminder.
Pay in 4 Instalments
Get it now, but spread your purchase across 4 instalments equal fortnightly payments. Checkout with PayFlex and pay only 25% of the purchase price today. Your goodies will be shipped immediately. and you pay the rest over 6-weeks at no additional cost.
Approval is Instant
We’re sure you want the short answer – With ease! When you’ve found the item(s) you can’t live without, click “add to cart” and head to the payment page (it’s the one that usually comes up after you add your info) and select Payflex as your payment method.
If you’re a Payflex first-timer, we’ll need to do a painless assessment. All Payflex will need are a few personal deets like your name, email address and ID number and their super-quick, awesome software will assess your application. PayFlex system works in real time, so if everything checks out, you’ll be good to shop in less than a minute. You’ll have to agree on the instalment schedule and pay your first instalment. Then it’s business as usual, with the matildas preparing your goods to be sent off.
You can use any Visa or Master Card (Debit, Credit or Cheque) to make a PayFlex payment. Just make sure which ever card you select has funds available for the agreed scheduled instalments.
100% Safe! PayFlex is an established payments company, and part of the $1bn Zip Co group that is listen in Australia. All payments are processed through state-of-the-art PCI compliant payment systems that ensure the security of your payments.
Your Spending limit depends on a few things, mainly PayFlex looks at your payment behaviour. If they see you keep a good repayment history, then they are happy to increase your spending limit. Basically, never miss a repayment.
If you are a first timer to PayFlex, we suggest waiting till your second scheduled payment has been paid. After that, you can have multiple Orders.
Your first payment of 25% will be paid upfront and your goods will be delivered as if you have paid the full amount. How awesome!?
After that the next three (3) payments of 25% each will be paid automatically every two (2) weeks for six (6) weeks. If you'd like to pay earlier, you can log into your PayFlex Account and make your payment manually. Heads up! Payment will need to be done before midnight on the day it is due or you'll incur that no so fun default fee of R65 (incl.VAT).
Ah those dreaded default fees, which you’ll never have to pay by the way, if you make all your PayFlex scheduled payments on time.
If, however you don’t, PayFlex won’t be super mad at you, but they will still have to add a default fee of R65.00 (incl. VAT) to your account to cover our costs. A further R65.00 (incl. VAT) will be charged for every week that the payment remains unpaid. PayFlex default fees are capped at a total of R195.00 (incl. VAT) but they really encourage you to get your payments up-to-date before you get to this point, because at this stage your details may be passed onto a credit bureau (which could negatively impact your credit score) and a we can’t promise that they won’t be super mad at you…