ShopeePay has launched a new app within the Shopee ecosystem, providing a lighter, more accessible financial hub for users.

The ShopeePay app offers a smoother and more direct experience for managing finances, including Buy Now Pay Later (BNPL) via SPayLater, bill and utility payments, insurance policies, and takaful protection.

Existing ShopeePay users can log in with their Shopee credentials, while new users can sign up using their mobile numbers.

The app introduces enhanced security with two-factor authentication (2FA) and Tap Secure.

Users can access DuitNow QR transfers, including Transfer by ID Type, which is now exclusively available on the ShopeePay app, as this function is no longer supported in the Shopee app.

The app also supports in-store QR payments with ShopeePay and SPayLater, an e-voucher and discount wallet, and other financial services.

Future updates will expand financial offerings, including cross-border transfers, rewards, savings features, and transportation ticket purchases.

ShopeePay offers 0% fees on e-wallet top-ups, including credit card and bank transfers.

To mark the launch, users who send money packets to five family members or friends via the app can receive up to RM3.

ShopeePay is a regulated e-money provider under Bank Negara Malaysia, ensuring compliance with financial regulations and security standards.

The app is now available on the Apple App Store and Google Play Store.