Is Atome and Hoolah the Same? A Comprehensive Comparison
Buy now pay later (BNPL) payment options have grown in popularity recently since they allow customers to make purchases without having to pay the entire cost up front. Two of the most well-known BNPL providers on the market are Atome and Hoolah. We’ll contrast Atome and Hoolah in this article, pointing out their similarities and differences so you can decide which service is ideal for your requirements.
Describe Atome.
A BNPL vendor named Atome gives customers the choice to divide their purchases into three equal payments. While making a purchase, the first installment is made, and the following two are paid over the course of two months. If payments are received on time, Atome does not charge interest or fees. Some nations, including Singapore, Malaysia, Indonesia, Hong Kong, and Taiwan, provide Atome for purchase.
Describe Hoolah.
Another BNPL service is Hoolah, which enables customers to divide their purchases into three equal payments. Similar to Atome, the first payment is made at the time of purchase, and the subsequent two payments are made over the course of two months. If payments are made on time, Hoolah does not impose any fees or interest. Some nations, including Singapore, Malaysia, and the Philippines, offer Hoolah.
How are Hoolah and Atome alike?
Atome vs Hoolah are comparable in a number of ways. Both of them give customers the choice to divide their purchases into three equal payments, the first of which must be made at the time of purchase. If payments are made on time, neither one of them levies interest or fees. They are also accessible in a number of Southeast Asian nations.
What Distinguishes Atome and Hoolah?
While Atome and Hoolah share many characteristics, there are also some significant distinctions between the two services. The accessibility of the services is one of the primary disparities. While Hoolah is only available in Singapore, Malaysia, and the Philippines, Atome is accessible in a number of nations, including Singapore, Malaysia, Indonesia, Hong Kong, and Taiwan.
The maximum amount that can be borrowed is another distinction. While Hoolah has a $1,000 upper limit, Atome allows users to borrow up to $5,000. Moreover, Hoolah does not have a return policy; Atome does, and it is a 14-day policy.
What Service Provider Is Right for You?
Your own demands and tastes will determine whether you choose Atome or Hoolah. Atome can be your best choice if you’re trying to borrow a larger sum of money. If both services are available where you reside, you might want to compare their costs to discover which one is more reasonable for your need.
Come across: which credit card should i get singapore
Conclusion
In conclusion, the two well-known BNPL suppliers in Southeast Asia are Atome and Hoolah. With no interest or penalties provided payments are paid on time, they both give customers the opportunity to divide their purchases into three equal installments. The availability of services, borrowing restrictions, and return policies are only a few of the significant distinctions between Atome and Hoolah, despite the fact that they are identical in many respects. Customers may make educated judgments and select the service that best matches their needs by being aware of the similarities and differences between Atome and Hoolah.
Learn of about best car insurance singapore.