hoolah! Referral Promo

Buy now, Pay later

IMPORTANT NOTICE (announced on 4 August 2022)

As a result of the acquisition by ShopBack, hoolah will be retiring the hoolah app (by 15 August 2022) and Consumer Portal (by 30 November 2022).

hoolah’s capabilities are now fully integrated into ShopBack’s platform with the recent launch of ShopBack PayLater!

Visit the ShopBack referral post.

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Where and when to fill in the referral code?

When you sign up, there is no input field for you to enter the referral code.

You need to first verify your identity via SingPass MyInfo, and add a credit card’s details to your account before you will be prompted to enter a referral code.

Hoolah referral prompt screen

About hoolah!

Get what you need now. Pay only ⅓ upfront

Launched in Singapore in 2018, hoolah is regarded as the pioneer in the BNPL space in Southeast Asia. The financial technology (Fintech) company allows retailers to offer their customers to buy now and pay later – 3 equal installments over 3 months with 0% interest. No admin fees, mark-ups or hidden charges!

Business model

hoolah pays partner merchants upfront for the product and takes on the credit and fraud risk. Partners pay a transaction fee for every customer order made through hoolah.

Regulatory compliance

hoolah Singapore Pte Ltd (UEN: 201813385Z) has been granted an exemption from holding a licence under the Payment Services Act (PS Act) and is in the middle of obtaining a Major Payment Institution licence under the PS Act with the Monetary Authority of Singapore.

Acquisition by ShopBack

Shopping and rewards platform ShopBack announced in November 2021 it was acquiring hoolah.

Payment options supported

As of February 2022, hoolah accepts credit and debit cards from:

  • MasterCard
  • Visa
  • UnionPay (for Singapore & Hong Kong Consumers)

The following types of cards are currently not supported:

  • Prepaid/ Virtual Cards (BigPay, GrabPay, Revolut, YouTrip, etc)
  • AMEX

Check this FAQ article for latest updates.

Auntiehuat
Auntiehuat
Web Administrator

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