E Wallet Lazada: A Comprehensive Guide

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Lazada's e-wallet is a convenient way to shop online, allowing you to make payments without a credit card.

You can link your debit or credit card to Lazada's e-wallet, making it easy to shop on the platform.

To use Lazada's e-wallet, you'll need to register for a Lazada account and add your payment method.

Once you've linked your card, you can use Lazada's e-wallet to make payments on the platform.

With Lazada's e-wallet, you can enjoy cashback rewards and other benefits that make shopping online more rewarding.

What Is Lazada E-Wallet

Lazada e-wallet is a digital payment option that you can use to buy products and avail of services from the Lazada digital shop.

The minimum amount you can place in the wallet is 20, while the maximum amount is 50,000. This balance includes refunds and promotional rebates.

One of the best things about Lazada e-wallet is its one-click checkout process, which eliminates the worry of having to bear the exact amount during cash-on-delivery transactions.

Two million online shoppers on the portal have made digital wallets the most preferred payment method, and for good reason - it's convenient and hassle-free.

Activating and Verifying Lazada E-Wallet

Credit: youtube.com, How to Verify and Upgrade Your Lazada Wallet

To activate your Lazada wallet, download the Lazada app and log in to your account. If you don't have an account, register by providing your email address, phone number, and other required details.

You'll need to access the wallet by tapping on the "Account" icon and selecting "Lazada Wallet". From there, you can activate your wallet by tapping on "Activate Now".

To verify your identity, you may need to provide additional information such as your full name, date of birth, and a government-issued ID. This is a crucial step to ensure your account is secure.

You'll also need to set a 6-digit PIN for security purposes, and you can optionally enable two-factor authentication (2FA) for added security.

To verify your mobile number, type it in the empty field and enter the verification code sent to you via SMS.

You'll need to agree to the Terms and Conditions before completing the verification process.

Here are the accepted IDs for full verification:

  • PhilHealth
  • UMID (Unified Multi-Purpose ID)
  • Driver’s License
  • Passport

Make sure your photos are clear and legible, and that all the information you submit matches the details on your ID.

Using Lazada E-Wallet

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You have the power to decide how you want to use your funds with the Lazada Wallet.

With the Lazada Wallet, you can top-up funds and use them any way you want. You get to decide how much you want to spend and when you want to spend it.

Your Lazada Wallet Top-Up funds don't expire, so you can withdraw your credit limit to your e-wallet anytime and wait for a sale.

You can also merge and save your funds to buy something of higher value in the future.

Lazada Wallet makes it easy to get refunds, transferring them into your wallet as soon as they receive and verify your order return or cancellation.

You can get a Lazada Wallet Top-Up as late as 4 pm, giving you more time to plan your purchases.

Activate your Wallet to access Lazada Loans, where you can purchase now and pay later online, thanks to mobile loan providers partnered with Lazada.

Benefits and Features

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Using Lazada Wallet offers several benefits, including exclusive discounts, rewards, and the ability to apply for loans. You can save money and earn rewards that can be used in various forms, such as promo codes and discount vouchers.

One of the advantages of using Lazada Wallet is that you can receive your refund instantly if you're not satisfied with a purchase. Just make the request and the cash will be availed into your e-wallet account.

Lazada Wallet also offers a top-up feature, where you can add funds to your wallet without them expiring. You can withdraw your credit limit to your e-wallet anytime you want and wait for a sale, or combine and save your funds to purchase something of higher value in the future.

Here are the benefits of using Lazada Wallet:

  • Exclusive discounts
  • Rewards in various forms (promo codes, discount vouchers, etc.)
  • Instant refunds
  • Top-up funds that don't expire
  • Ability to apply for loans

Shopping and Bills

Shopping and bills have never been easier thanks to the Lazada wallet. You can pay your bills instantly with just a click of a button.

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The Lazada wallet comes with a voucher that gives you a chance to purchase a product or service at a reduced price. These vouchers usually come with codes that can be used in making purchases, so be on the lookout for them.

To pay using Lazada wallet, follow these simple steps: select the online wallet as the default method of payment during checkout, or click on the more options button to find it in the drop-down list. If you don't have enough cash in your wallet, you can top up by clicking "Cash In and Pay".

The cut-off time for requesting a BillEase voucher is 10 am, but the Lazada Wallet has a much later cut-off time of 4 pm. This gives you more flexibility when shopping online.

You can take out a Lazada Loan using Digido, but for now, let's focus on paying bills and shopping. If you have any questions or need help with the process, feel free to ask.

Benefits of Using

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Using Lazada Wallet offers numerous benefits, making it a convenient and flexible payment option. You can save money with exclusive discounts, redeem rewards, and even apply for Lazada loans to cover purchases.

One of the best things about Lazada Wallet is that your top-up funds don't expire. You can withdraw your credit limit at any time and wait for a sale or combine your funds to buy something more valuable in the future.

With Lazada Wallet, you can earn rewards that can be used in various forms, including promo codes and discount vouchers. These rewards can be redeemed to save even more money on your purchases.

To take advantage of these benefits, you can follow these simple steps: select Lazada Wallet as your default payment method during checkout, top up your wallet if needed, and use your funds to make purchases or pay bills.

Here are some key benefits of using Lazada Wallet:

  • Exclusive discounts
  • Redeemable rewards
  • No expiration on top-up funds
  • Easy refunds
  • Access to Lazada loans

Using Lazada Wallet also gives you control over your money, allowing you to decide how much you want to spend and when. This flexibility makes it an attractive option for online shoppers.

Payment and Transaction Options

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You can use Lazada's payment and transaction options to make purchases and repay loans conveniently.

To pay for purchases, select the "GCash e-Wallet" option during checkout, and then link your GCash account by entering your GCash number, authentication code, and GCash PIN.

Repayments for loans can be made via GCash, Maya Pay, bank transfers, or other supported payment channels.

Select Payment Method

To select a payment method on Lazada, you'll need to choose from the available options during checkout. You can select GCash e-Wallet as your payment method.

To use GCash, simply tap "Pay Now" after selecting it as your payment method. Your total purchase amount will be displayed on the next screen.

GCash is a convenient payment option, allowing you to link your account to Lazada and make payments easily. You can also use other payment channels, such as bank transfers and Maya Pay, to repay Lazada installment loans.

To repay your loan, you can use GCash to transfer funds or pay bills, selecting the appropriate option for Digido loan repayment. This will link your GCash account to your Lazada account.

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Here's a summary of the payment methods available on Lazada:

Remember to always check the interest rates and repayment terms for your Lazada installment loans, which typically range from 2% to 4% per month.

Confirm Your Transaction

You'll see the amount you have to pay and your GCash balance on the next screen. This is where you confirm your transaction to pay for your purchase with your GCash.

To proceed with the payment, tap AGREE AND PAY.

LazPayLater and Installment Options

LazPayLater is an installment payment option provided by Lazada, allowing customers to purchase items and pay for them over time.

To use LazPayLater, you need to activate the option in the Lazada app, complete the verification process, and submit an application form with accurate personal information.

The loan amount starts with up to ₱15,000 for first-time users, and repayment terms typically range from 1 to 3 months.

Interest rates range between 2% to 4% per month, although some promotions might offer 0% interest for the first loan.

Repayments can be made via GCash, Maya Pay, bank transfers, and other supported payment channels.

LazPayLater Installment Option

Credit: youtube.com, How to pay LazPayLater in Lazada|Paano magbayad ng LazPayLater?

LazPayLater Installment Option is a convenient way to purchase items on Lazada and pay for them over time. You can use it to buy items with loan amounts starting at up to ₱15,000 for first-time users.

To use LazPayLater, you need to activate the option in the Lazada app and complete the verification process by uploading a valid ID and a selfie for face verification. This is a straightforward process that can be completed in just a few minutes.

Repayments can be made via various payment channels, including GCash, Maya Pay, bank transfers, and more. This flexibility makes it easy to pay back your loan on time.

The repayment terms typically range from 1 to 3 months, with interest rates between 2% to 4% per month. Some promotions might offer 0% interest for the first loan, which is a great option if you need to purchase something urgently.

Early repayment is allowed without penalties, which means you can pay back your loan ahead of schedule without incurring any extra fees. This is a big plus, as it gives you more control over your finances.

Paying a Loan

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You can use the GCash app to transfer funds or pay bills, selecting the appropriate option for Digido loan repayment.

To pay a loan through Lazada, click "View all methods" on the checkout page and select "GCash e-wallet" as the payment method.

You'll need to link your GCash account by entering your GCash number, followed by the authentication code and GCash PIN to complete the linkage.

If you don't have a Union Bank account, you'll need to create one to make the repayment.

You can repay your loan early to reduce interest costs, and there are no prepayment penalties.

The interest rates for Lazada installment plans vary depending on the lender and the specific terms of the loan, ranging from 2% to 4% per month.

Some lenders, like Digido, offer 0% interest for the first loan as part of promotional offers, making it a cost-effective option for new users.

Frequently Asked Questions

Can I convert my Lazada wallet to cash?

You can withdraw your Lazada Wallet balance to a bank account or E-Wallet, but converting it directly to cash is not an option. To access your funds, click on your Available Balance and select the Withdraw button.

How can I send money to my Lazada wallet?

To send money to your Lazada wallet, log in to your bank's app or website and select the Send Money/Transfer option, then choose Lazada Wallet as the beneficiary. Simply enter your registered Lazada mobile number to complete the transfer.

Aaron Osinski

Writer

Aaron Osinski is a versatile writer with a passion for crafting engaging content across various topics. With a keen eye for detail and a knack for storytelling, he has established himself as a reliable voice in the online publishing world. Aaron's areas of expertise include financial journalism, with a focus on personal finance and consumer advocacy.

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