Often listed with the pay-in-3 apps, but Mobicred is regulated revolving credit that charges interest. Here’s what it really costs, how approval works, and the stores that take it.
Mobicred is a revolving credit facility for online shopping, backed by RCS. It is often listed alongside pay-later apps, but it works quite differently: instead of splitting one purchase into a few card debits, you apply once for a credit limit, then reuse that limit across hundreds of participating stores and repay monthly — much like a store account, but usable across many retailers rather than one group.
There is no physical or virtual card. You log in to your Mobicred account and select it as a payment method at checkout.
Both a credit-bureau check and a full affordability assessment are performed — this is a requirement of the National Credit Act, not an optional step. You’ll generally need to be 18 or older with a valid South African ID, a verifiable income, and a credit record good enough to pass assessment. Reporting to the bureaus works both ways: paying well helps your record, arrears damage it.
This is Mobicred’s real strength — by far the widest reach of any pay-later option in South Africa, spanning general retail, groceries, electronics, home, travel and even restaurant brands:
75 retailers verifiedVerified August 2026 from Mobicred’s official store list and retailers’ own payment pages. Participating stores change over time — confirm at checkout.
Mobicred’s official store list
Because Mobicred is revolving regulated credit, the fair comparison isn’t Payflex — it’s a store account. The trade-off:
If the second column sounds more like you, compare the major accounts in our store-account comparison, or see which are easiest to get.
No. Mobicred is an interest-bearing revolving credit facility, publicly quoted around 20.75%–21% per year, variable and repo-linked, plus a monthly service fee and a once-off initiation fee. It should not be grouped with 0% pay-in-3 products.
RCS advertises qualifying limits of up to R50 000, subject to terms and income verification. Your actual limit is individually assessed and the minimum isn’t publicly disclosed.
Yes — both a credit-bureau check and an affordability assessment, as the National Credit Act requires. Your account conduct is then reported to the bureaus.
At several hundred participating online retailers, including Takealot, Makro, Game, Superbalist, Pick n Pay, Clicks, iStore, Builders and many more. See the verified list above.
It carries the National Credit Act’s protections — a compulsory affordability assessment, prescribed disclosure and recourse against reckless lending — which the unregistered pay-later products don’t. The trade-off is that it charges interest.
Compare your options
Pay-later apps spread one purchase over weeks. A store account is a revolving credit facility you keep — and it builds a credit record.
