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Documentation Index

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Pay Later is Monaris’s consumer BNPL product. Buy something from a Monaris-integrated merchant, choose Pay Later at checkout, and repay automatically from your next cleared invoice. The merchant gets paid immediately. You get what you need now. Buy now. Pay from your next invoice.

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Who it is for

Stablecoin earners who want to make purchases now and repay from incoming cashflow. Anyone excluded from traditional BNPL because they do not have a bank account, credit card, or credit bureau score. The 400 million stablecoin users that Klarna, Affirm, and Afterpay have never been able to serve.

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Why existing BNPL does not work here

Klarna requires a bank account. Affirm requires a credit bureau score. Afterpay requires a debit card. Zero BNPL products natively support stablecoin settlement. Zero BNPL products underwrite based on on-chain cashflow history. Zero BNPL products let you repay from an incoming invoice instead of a bank debit. Monaris Pay Later is the first.

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How it works

You reach checkout at a Monaris-integrated merchant
        ↓
Select "Pay Later with Monaris"
        ↓
MCA Score check (instant — no credit bureau required, no waiting)
Score 510+ → approved up to $5,000
Score 850+ → approved up to $50,000
        ↓
Merchant receives USDC immediately
        ↓
You get your purchase
        ↓
Your next invoice clears → installment auto-deducted
Mona: “Invoice cleared 2,000.BNPLinstallment2,000. BNPL installment 400 deducted. $1,600 sent to you.”

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Eligibility

  • Monaris Score 510+ required (Established tier)
  • Active invoice history
  • Sufficient projected inflows to cover the repayment schedule

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Approval limits

ScoreMaximum approval
510–699Up to $2,000
700–849Up to $5,000
850+ (Trusted)Up to $50,000

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What Mona does here

“You are approved for Pay Later up to $3,000 based on your current Score of 680. Your next two invoices should cover the repayment comfortably.”
“Your BNPL installment of 400wasautomaticallydeductedfromtoday′sinvoiceclearance.Remainingbalance:400 was automatically deducted from today's invoice clearance. Remaining balance: 800.”

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Availability

Pay Later is available in V2 for users with a Monaris Score of 510+ and qualifying cashflow history.
Monaris Credit and BNPL products are subject to eligibility requirements including minimum Monaris Score, verified cashflow history, and transaction volume thresholds. Credit products involve risk. This documentation is informational only and does not constitute financial or legal advice. Product availability varies by jurisdiction.

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FAQ

How is this different from a credit card? Pay Later does not require a bank account, credit card, or credit bureau score. Approval is based on your Monaris Score. Repayment comes from your next invoice clearance, not a monthly bank statement debit. What if my invoice does not clear in time? Monaris enters the grace period (1–30 days, no penalty). Mona sends reminders and monitors your upcoming cashflow. If a gap persists, restructuring is offered. Are there interest charges? Short-term Pay Later (repaid from next invoice) has a flat fee. Longer repayment schedules may include interest. All terms are disclosed before you confirm. Can I use Pay Later at any merchant? Pay Later is available at Monaris-integrated merchants. The merchant network is expanding. Speak with our team about merchant integration.