There are times when you want to purchase a product that you really need right now, but you are unable to pay because there is no balance in your bank account or credit card. So, many people have no choice but to pay later. Toss provides a deferred payment service where you purchase first and pay later through the BNPL service (Buy Now Pay Later). The Toss deferred payment service provides postpayment of small expenses to unemployed students and housewives who have difficulty issuing credit cards. It is a service in which Toss first pays to the affiliated store on behalf of the consumer, and the consumer pays the payment later. .
Toss postpaid payment subscription is open to Toss members who are 19 years of age or older and have Korean nationality. Currently, the deferred payment limit is set at a maximum of 300,000 won through review based on internal standards. Additionally, the amount available each month may vary through re-examination based on service usage history, etc. The advantage of Toss postpaid payment is that, unlike credit cards, there is no annual fee required and there are no interest or usage fees. And cash receipts are automatically issued without affecting your credit score. On the other hand, the disadvantage is that delinquent payments have a significant impact on lowering your credit score, and the limit is small compared to credit cards. And it is only available at select affiliated stores. There are a total of 76 affiliated stores that accept postpaid Toss payment: Musinsa, Yeogi Eottae, Yanolja, Timon, Today’s House, WeMakePrice, Hiber, Aladdin, Yogiyo, Jeju Air, Jin Air, Lotte Duty Free, Kyobo Bookstore, and T’way Air. , Korean Air, etc. Therefore, from now on, I will introduce you to how to make postpaid payments with Toss.
How to make postpaid payment with Toss
1. Run the Toss app.
2. Click the All tab.
3. On the Payment tab, click Postpay.
4. Click the Agree and Confirm Limits button.
5. Click on the payment account item.
6. Click Postpaid Payment Account.
7. Click the payment date item.
8. Select the payment date for deferred payment.
※ Your payment will be automatically debited from your payment account on the payment date you selected. If the account balance is insufficient, the entire payment amount will be overdue, so please check the account balance in advance.
9. Click the OK button.
11. Click the Next button.
12. Postpaid payment service has been applied.
13. You can check the amount of money available and payment schedule at the bottom of the screen.
※ Select ‘Tos Pay’ as the payment method at 76 affiliated stores and proceed with payment.