MoreTyme, offered by TymeBank, has revolutionized the way South Africans shop.
With its flexible “Buy Now, Pay Later” (BNPL) payment plan, customers can buy what they need now and settle payments in three easy installments.
Whether you’re shopping online or in-store, MoreTyme offers you financial flexibility without the usual hassle of credit checks or interest fees.
How Does MoreTyme Work?
MoreTyme by TymeBank is simple and convenient. It allows you to make a purchase, pay a third of the amount at checkout, and then settle the rest in two equal installments over the following two months.
No interest is charged as long as you pay on time, making this an appealing option for managing your budget.
To use MoreTyme, you’ll need a TymeBank account. You can easily activate MoreTyme by accessing the TymeBank app or website.
Once activated, you’re ready to start shopping at a variety of partner stores like Pick n Pay, Takealot, Foschini, and more.
Stores That Accept MoreTyme
MoreTyme’s network of stores has grown significantly. Initially available only at The Foschini Group stores, it’s now accepted at Pick n Pay, American Swiss, Jet, and more.
Whether you’re shopping for clothes, electronics, or groceries, the MoreTyme option is available at both online stores and physical locations.
Popular stores where you can use MoreTyme include:
- Totalsports
- Sneaker Factory
- Poetry
- Cape Union Mart
- Pick n Pay
- Jet
- Markham
- Exact
- Sportscene
This wide network ensures that you can buy everything from everyday essentials to luxury goods and pay over time.
Advantages
Using this TymeBank feature comes with several benefits, especially for those who want financial flexibility without the burden of debt.
- No Credit Check: One of the standout features is that you don’t need to go through a credit check. This makes MoreTyme accessible even to those with a low credit score.
- Interest-Free Payments: You only pay the item’s purchase price, split into three installments, and you won’t be charged any interest as long as you pay on time.
- Easy to Activate: You can quickly activate MoreTyme through the TymeBank app. The MoreTyme app download process is user-friendly, allowing you to get started with just a few taps.
- Convenience: With MoreTyme available at a variety of online stores and major retailers, you’re not limited in your shopping options. Whether you’re purchasing through MoreTyme Takealot or at Pick n Pay, the flexibility is there for you.
How to Use MoreTyme Online
When shopping online, simply select the MoreTyme option at checkout. You can also activate MoreTyme through the app.
After that, shop freely at any of the MoreTyme online stores, and when you’re ready to pay, scan the QR code or follow the instructions for MoreTyme payment.
If you’re shopping in physical stores like Pick n Pay or Markham, MoreTyme is just as simple to use.
The process involves scanning a QR code at the checkout, and voila, your purchase is split into manageable payments.
The Integration with PayFast
MoreTyme’s recent integration with PayFast is another step toward expanding its services.
This allows businesses using PayFast as their payment gateway to offer customers MoreTyme as an option.
The benefit for merchants is receiving full payment upfront, while customers can enjoy staggered payments.
It’s a win-win for both sides, and it makes it even more accessible for online shopping.
Things to Keep in Mind
While MoreTyme offers fantastic flexibility, there are a few things to be aware of:
- Upfront Payment: You need to pay one-third of the purchase price at the time of the transaction, which may not suit everyone.
- Late Fees: If you miss a payment, late fees and penalty charges apply, so it’s essential to stay on top of your installments.
Frequently Asked Questions
- What is MoreTyme, and how does it work?
MoreTyme is a payment option by TymeBank that allows you to buy items and pay for them over three interest-free installments. You pay a third of the amount upfront, and the remaining two payments are due in the following months. - Do I need a credit check to this?
No, it does not require a credit check, which makes it a great option for people who might not have a strong credit score. - Where can I use this feature?
It is accepted at various online and physical stores like Pick n Pay, Takealot, Jet, and Markham. - How do I activate It?
You can activate it through the TymeBank app. Simply log in, go to the MoreTyme section, and follow the prompts to get started. - What happens if I miss payment?
If you miss a payment, late fees and penalty charges will apply. Be sure to make your payments on time to avoid these additional costs.
Takeaway
MoreTyme by TymeBank has become a game-changer for South African shoppers, offering the ability to buy now and pay later without the stress of interest or hidden fees.
Its growing network of partner stores and recent integration with PayFast make it even more attractive for consumers.
So, whether you’re shopping at MoreTyme Pick n Pay or another MoreTyme online store, enjoy the flexibility and convenience – but remember to pay your installments on time to avoid penalties.