Introduction
Payment methods have evolved over time. Before, when you went to the malls or any shopping establishments, you should at least have a couple of hundred bills with you so that you could buy the things you wanted and eat out with your family or friends.
Now, we can confidently go out without needing cash. There are various payment methods available at appliance stores, restaurants, groceries, and even small establishments. Cash, debit, credit, and installment options are given to customers who wish to get their products or services.
One of the best options you can choose when shopping, especially for bigger purchases like appliances, is the installment plan. It allows you to spread out your payments weekly or monthly, depending on your capacity to pay.
Western Appliances Philippines offers appliance installment plans or hulugan deals to our customers. Ask us about it the next time you need to shop for a new refrigerator, washing machine, television, or any other appliance.
Common Payment Methods Offered by Appliance Stores
Payment options are given to customers so they can choose what method suits them best. For instance, if you prefer not to splurge all your money at once for a single appliance, you can pick other ways that will allow you to manage your expenses properly.
Here are more payment methods offered by appliance stores:
Cash Payment
Cash payment is the most common and easiest method of paying for what we buy. It has been used since metal coins, and paper bills were invented, and it is the fastest way to transact with stores.
If you plan to purchase small appliances like oven toasters, electric kettles, fans, and air fryers, choosing cash payment is recommendable. It is relatively easy to save up for these things, and it will not be hard to pay for them in just one transaction.
E-Wallet Payment
E-wallet payment gained popularity when we became used to online shopping during the COVID-19 pandemic. This method functions via applications on mobile phones and other gadgets linked to a customer’s card and mobile wallet. You simply have to enter the needed details and the amount to be paid to finish the transaction.
If you want to pay for things in cash without needing to bring actual bills, this is a suitable payment method for you. Many appliance stores accept this option as they partner with e-wallet services in the country.
Credit or Debit Card Payment
Debit card payment is simply paying with your money using a card. This is an excellent way to purchase major appliances without needing to withdraw a huge amount of money.
Meanwhile, credit card payment is a type of installment plan that you can use when buying appliances with no down payment. Banks give their customers the ability to purchase things they can pay monthly without putting out cash and with minimal to zero interest.
Installment Payment
The installment payment method that does not require credit cards is not that common. Only a few reliable and trusted appliance stores in the Philippines, like Western Appliances, have this payment option.
This installment method works by writing up an agreement between the store’s loan company or loan partner and the customer. Both parties will sign the contract containing important details, and when everything is approved, the customer can take home their appliances. This is an easy process that will not take weeks or months to be approved.
This method is suitable for customers who want to pay in installments but do not have a credit card of their own.
Benefits of Appliances Installment in the Philippines
If you haven’t tried using an installment plan when buying appliances in the Philippines, now is your time to do it. There are many advantages, and it is very helpful, especially if you are on a tight budget.
Easy To Manage
With the installment method, you can spread out your payment according to your capability to pay. This means you can manage your expenses better by choosing to pay monthly. Moreover, you will have a clear picture of your overall expenditures, making managing your finances easier.
Make Unexpected Purchases
It is hard to make an unexpected purchase of a major appliance, especially if it costs a lot of money. In case your appliance gets damaged unexpectedly, and you have to purchase a new one as soon as possible, you can choose the installment method. This way, you do not have to pay for the whole thing at once and spread out your payment monthly.
Stretch the Cost of Your Purchases
It is understandable that paying for something that costs more than PHP 20,000 can be a big burden for most people. This is why installment methods are beneficial. Some stores allow installment payments of up to 24 months, minimizing the amount you will pay every month.
With this, you can stretch the cost of your purchases and not be burdened by one-time payments.
Conclusion
Different payment options are available nowadays to accommodate more customers who wish to purchase appliances and other things without cashing out a lot of money in one go.
Take advantage of these payment methods and use each wisely when shopping for your new appliances. Start searching for “installment appliances near me” and take home the best washing machine, refrigerator, stove top, and other essential things for your home!
If you want to ensure the quality and durability of the appliances you will buy, turn to Western Appliances and shop online now!
