Is Atome and Hoolah the same?


Atome has several merchant agreements, making it one of the most prominent Buy Now Pay Later players in Singapore.

It’s not a novel idea to pay for things in stages or instalments. Several people have taken advantage of credit card companies’ 0% APR promotional financing offers. However, some credit card companies impose additional costs for late payments and processing.

Companies like Atome, Hoolah, and Rely, which provide a “Buy Now, Pay Later” (BNPL) option with customisable terms, are creating waves in the payments industry. In this article, we’ll take a look at Atome and see how it stacks up against other popular services like Hoolah and Rely.

In brief, what is Atome?

To provide cutting-edge BNPL options for online shoppers, Atome was established in 2019. The plan’s end goal is to provide people the financial means to buy goods and services over time.

Over two thousand Singaporean businesses, including Charles & Keith, Marks & Spencer, Aldo, Sephora, Furla, Pandora, Zalora, and Shein, are part of Atome’s network of affiliates.

Whirlpool, Xiaomi, HK Mall, CityLink, Bonjour, and Sasa are just a few of the more than 300 partners it has in Hong Kong. More than two thousand affiliates operate in other Asian markets throughout the continent. These markets include Indonesia, Thailand, Mainland China, Taiwan, Malaysia, the Philippines, and Vietnam.

Cooperative strategies

Atome’s BNPL services, which allow consumers to divide payments with online and offline merchants, have been made possible over the years thanks to smart relationships with other firms.

As a result, we must ask: how does Atome earn money? Every time a purchase is made with Atome, the retailer is charged a modest fee.

Atome’s support for several payment methods and partners, such as Apple Pay, 2C2P, and Fomo Pay, is a major plus for the service.

The inner workings of Atome’s BNPL model

Like other BNPL suppliers, Atome divides the cost of your purchases into three monthly payments. All of the installments will be due 30 days apart, with the first one due at the time of purchase. There is no cost for the service, and no interest is charged while paying off your debt.

Atome allows you to shop at the best retailers and brands, both online and in-person, for a wide variety of things, including electronics, furniture, cosmetics, and clothing.

Application based on atomic nuclei

The Atome app may be used to sign up for and make purchases at brick-and-mortar establishments. The Atome app may be downloaded on Apple and Google mobile platforms.

Your first step is to create an account by registering with your personal information. Opening an account and making your first purchase often takes less than two minutes. Then on, your payments will be taken directly out of your account.

The software may also be used to keep tabs on your payments and budget. Atome will be accepted at a growing number of online stores, allowing you to use it to pay for your purchases. In contrast to Hoolah, Atome charges a S$15 late fee and locks your account until you pay up the overdue amount and the cost.

If you don’t pay your Hoolah instalment before the due date, you’ll have to pay a late fee. For purchases of S$99.99 or less, we charge S$5 shipping & handling. The shipping and handling fee is S$15 for purchases totaling S$100 to S$999.99. When your total order value is above S$1,000, a S$30 surcharge will be applied.

Depending on the total cost of your purchase, Rely’s fees might be anywhere from S$1 to S$40.

Singaporean payment software Hoolah

Comparing Atome v. Hoolah, Hoolah provides a flexible and easy way for businesses to facilitate split payments across several clients. In the same vein as Atome, there are no processing fees or interest associated with the payments. The Hoolah payment plan allows you to divide your purchase price into three equal monthly instalments.

Hoolah is active in many Asian markets, including Singapore, Hong Kong, and Malaysia. Do reputable institutions use Hoolah? Yes, the payment option is readily accessible for both online and brick-and-mortar shops, and it is a very safe procedure owing to transaction encryption.

Hoolah reduces the cost of purchases by one-third. There is a four-day delay before the merchant sees any of the money, however. Hoolah takes full responsibility for any unpaid fees or charges incurred as a result of a customer’s failure to pay. The Hoolah app can be downloaded from both the Google Play store and the Apple App Store.

Atome’s BNPL framework has certain advantages

The ease of purchasing online, the best car insurance in Singapore, has led to its meteoric rise in popularity in recent years. There is a plethora of online stores in Singapore, each of which may have its own unique checkout process.

Atome is only one of the many companies offering the BNPL payment plan to its clientele. If you are on a limited budget but still want to make a purchase, BNPL’s convenient payment plans are a suitable option. As a result, with Atome, you can buy the products you want even if you don’t have the money to pay for them in full right now.

Additional benefits include discounts (up to S$10 off your first purchase) and vouchers (valid at a variety of different businesses). By using Atome’s BNPL service, you’ll have more disposable income for things like savings, investments, and insurance.


From what has been said above, it is clear that BNPL is an important idea since it allows customers to make partial purchases and make payments at a later period and also you must explore regarding which credit card should I get in Singapore. Atome is a frontrunner in the BNPL market since it allows customers to make partial payments over time. The ability to pay with anything other than cash at the register is a major perk of this method of payment. This BNPL platform stands out from the competition because to its extensive merchant network and compatibility with several payment processors.