Have you been eyeing that luxury bag but don’t have the money to buy it? Or in desperate need of an upgrade to your laptop for that once-in-a-lifetime job opportunity? Here’s a quick fix, though. With the “what you see is what you pay” Mocasa app, you can purchase anything on the market with simple, convenient installments whenever and wherever!
With Mocasa, you can shop both in-person and online with more freedom and control over your spending. Customers can pay with credit instead of cash and incur no interest during the billing cycle, making it an alternative to credit cards.
Mocasa is dedicated to providing a more accessible and flexible payment method anywhere and at any time. You can freely shop online or in-store with thousands of our partnered retailers using the mobile app, and you can pay for whatever you want with ease.
To keep your mind at ease, when the BSP required the use of QR Ph codes, Mocasa was actually one of the first apps in the nation to do so! This makes transactions safe and convenient because customers can use the app in almost any establishment that supports QR Ph. In fact, Mocasa has more than 700K merchants and billers nationwide, 200K active users, and over 500K app downloads!
The Pros of Using Mocasa
- Easy Application
Customers can now easily purchase what they want up front by opening a Mocasa account. Simply follow these 3 simple steps:- Install the Mocasa app, then register with your mobile number.
- You’ll be required to safeguard your applications. We suggest that you review all permissions before moving forward at this point. Just keep in mind that Mocasa uses AI to gather customer behavior in addition to manual verification and the KYC process to evaluate your application.
- Fill out your basic information to get Mocasa credit approved after that, and you’ll be in within just three minutes!
- Cashless
No need to go out and withdraw money! Use your Mocasa Credit to check out and pay later with Mastercard when shopping at your favorite stores, whether online or in-person. - Mocasa Cares
With flexible payment, you can control your own payment schedule. To avoid any problems, Mocasa will always show you how much to pay back over time before you continue to use Mocasa Credit. To ensure that you never forget to make a payment, Mocasa will text you reminders. - Interest-Free
Repay your billing amount in full before the payment due date, interest-free! Users can get up to 50 days of interest-free benefits by using Mocasa credit to make a payment. There is no interest charged to customers because Mocasa receives a commission from their partnered merchants. - Explore more credit options!
The Mocasa app offers cash advances in addition to the Mocasa Card, allowing you to withdraw money. They also offer to buy loads and pay bills from the app itself! - Safe and Convenient with QR Ph Codes!
Customers can use Mocasa in virtually any establishment that supports QR Ph codes as it was one of the first apps to do so as required by the BSP. You can use Mocasa as long as the establishment where you intend to use it has a QR code registered under the merchant account (regardless of whether Maya, Gcash, etc.).
The Cons to Consider
- Hard to navigate the app.
If your only goal is to apply for credit, it might be challenging for you to navigate the app if you’re not particularly tech-savvy. Mocasa provides more options, such as purchasing items and paying bills. It even displays the actual accounts that have received credits, which can be a little confusing. - Permissions can be tricky.
Although it may be innate for the general public to click continue to an app’s policy, we do advise you to review it first because it may be complicated.
You will be prompted to grant them access to your device’s information when you apply for credit in the app. You always have the option to refuse access authorization. However, you won’t be permitted to use It financial services, such as requesting credit limits or making payments without permission.
You can email their customer service team to request that all historical authorizations be revoked and that all of your device’s or personal information be deleted, and they will process your request within five working days.
Final Thoughts on Mocasa
Although there are many consumer fintech apps available, the Mocasa App appears to be the simplest and most reliable. This is due to its affiliation with numerous reputable and well-known retailers, not to mention the fact that they are powered by Mastercard, which adds to their legitimacy.
The advantages and disadvantages of the app are balanced out by the fact that you must give them permission to access your contacts in order for them to get in touch with you in time for your payment even considering that the application process only takes three minutes. It’s all necessary.
Overall, Mocasa is a great app for those who want to purchase items from well-known merchants without having to fill out a ton of paperwork for credit card companies. It allows users to pay later and buy the items they want now.
