hoolah offers a “Buy Now, Pay Later” payment concept that allows merchants to offer their customers to buy now and pay later: 3 equal installments over 3 months with 0% interest and no hidden fees. Installments will be charged automatically on the due date so customers no longer need to worry about late repayment.
For example, if a customer’s purchase amounts to $150, they will only pay ⅓ of their total bill today, which is $50. The remaining $100 will be split into: $50 to be paid in the second month and another $50 to be cleared in the third month.