Payment Information

Mode Of Payments available:

**Please make payment within 24 hours upon receiving a confirmation email from us.

Instalment Payment Plans

At PanelCraft, our utmost priority is to deliver exceptional service to our customers. As part of our commitment, we offer instalment payment Plans to make your shopping experience even more convenient.

What exactly is the Instalment Payment Plan?

Instalment Payment allows you to divide the total cost of an item into monthly payments over a specified period. This means you can gradually pay off the purchase amount instead of making a one-time payment.

Why choose Instalment Payment?

These plans offer a convenient and cost-effective alternative to expensive credit card fees, providing transparent pricing. You can make purchases at our store using your preferred credit or debit card and choose to pay later. Simply pay the initial installment upfront, and the remaining amount will be automatically deducted from your card relieving the burden of paying a large sum upfront.

Here are the available Instalment Payment options for PanelCraft customers:

Debit or Credit Card Instalment Payment:

Instalment plans will divide the amount into your 3-month plan Via Atome
(For Atome please note there will be a one-time 7% Admin Surcharge and for 6&12 months instalments, there will be a 0.6% interest charge monthly)

How does it work?

Step 1: Proceed to the checkout page on our website, provide the required information, and choose Atome.
 

Step 2: Register for a new account or log in if you already have an existing account to access either payment modes.

	Atome

Step 3: Select either a debit or credit card and choose the amount you wish to pay as an initial payment.

Step 4: Pay the rest of the instalments on the platform chosen ( Atome) accordingly and by the stipulated deadline.

Shopee.sg Instalment Payment Plans:

For Shopee installment plan you will need a credit card from any one of the following banks: POSB / DBS / UOB / OCBC
Please note that only credit cards are eligible for installment payment methods. Debit cards are not eligible.
For the details visit: https://help.shopee.sg/sg/s/article/How-do-I-make-a-payment-using-credit-card-for-Installment-Plan

Important Considerations for Instalment Payment Plans:

*0% Interest Rate:

It's crucial to note that the 0% interest rate is applicable only if you pay the monthly instalment amount on time and in full. Any delay or failure to make the complete payment may result in the withdrawal of the 0% interest rate, and you may be subject to the bank's terms and conditions.

^Reduced Credit Limit:

When utilizing an Instalment Payment Plan, your credit card limit will be reduced based on the total cost of the item. However, with each monthly payment you make, your credit limit will gradually increase. For example, if you have a credit limit of $2000 and purchase a scooter for $699 with a 6-month instalment plan, your credit limit will be temporarily reduced to $1301. As you make the monthly payments of $116.50, your credit limit will progressively increase, effectively restoring what you've paid.

We hope this information clarifies the benefits and procedures associated with our Instalment Payment Plans.

Feel free to reach out to us if you have any further questions or require assistance!