The best way to pay
Forget store account interest. Forget waiting on lay-by. With MoreTyme, you get what you need now, and pay for it in 3 interest-free instalments. There’s no monthly fee and no fee when you buy, so you never have to pay more than the original price.
Take what you have and double it
That’s generally how much you can spend with MoreTyme. You might not be able to spend twice as much as you have in your EveryDay account if your MoreTyme limit is too low.
Here’s an example: Let’s pretend that your cellphone blows up (hey, it happens). You need to replace it ASAP. The one you want costs R3 000 but you only have R1 500 in your account and pay day is a long way off. That’s where MoreTyme comes in. It allows you to go ahead, buy the cellphone for R3 000 and take it home straight away.
You pay half up front and the rest over 2 months. Check out the table below for a breakdown of this example:
An example for a R3 000 purchase
|Payment #1||Payment #2||Payment #3|
|Purchase amount %||50%||25%||25%|
|When is it deducted?||Upfront when you buy||30 days after purchase||60 days after purchase|
*The minimum amount that you need in your account.
Buy with MoreTyme in 4 simple steps
All you need is a verified TymeBank account and the TymeBank app. There’s no paperwork and sign-up is free.
Download the TymeBank app
Then use the app to open a verified TymeBank account in less than 5 min. It’s free!
Activate MoreTyme in the app
Log in to your TymeBank app, tap the MoreTyme card and tap the Activate or Apply button. It’s also free!
Top up with 50% of the purchase price
Tap “Add money” on your app home screen. Then use a debit/credit card to instantly add at least half of the total purchase price to your TymeBank EveryDay account.
Pay with MoreTyme
When you open MoreTyme again, your available spend should be enough to cover the purchase. When it’s time, tap Pay at the bottom of your screen.
Log in to your TymeBank app
Don’t have the app yet? You can download it now for free on Android, iOS and Hauwei
Open MoreTyme from your app
If you still need to activate it, it only takes a few seconds. You just need to tap the MoreTyme card and then tap the “Activate” or “Apply” button.
Check that you’ve got enough
Ideally, what you have Available to spend should be more or equal to the purchase price, but if it isn’t, you can use a linked bank card to make up the difference.
Pay with MoreTyme
Tap the pay button from the MoreTyme section of your TymeBank app and choose the payment method that matches your checkout/till experience.
Complete your purchase with a single tap
Depending on the store’s checkout system, you’ll either scan a payment QR code or show a barcode. And that’s it. As long as you have enough Available to spend, the goods are yours and the 1st payment comes off your EveryDay account straight away.
Need more help?Visit our help center