OK Pay – Flexible Payment Plan

At OK Home, we know that furnishing your home is a significant investment. That’s why we have introduced OK Pay, a flexible instalment plan that allows you to spread your payments over time, making your purchases more affordable and manageable.

With OK Pay, you can buy the furniture, home essentials, and décor you need today and pay for them in easy, fixed monthly instalment.

How Does OK Pay Work?

For purchases between €1,000 and €12,000, OK Pay offers two instalment plans: a 12-month option and a 24-month option.

Your total purchase can be for one or multiple items, allowing you to finance a full home upgrade if needed.

Want to see how much your monthly payment will be? Use our built-in OK Pay calculator below to check your estimated instalment before applying. You can automatically fill the calculator by clicking the 'Get From Shopping Cart' or 'Get From Wishlist' buttons to retrieve your selected items and calculate your monthly installment costs.

Who Can Apply?

To qualify for OK Pay, you must:

1. Be at least 21 years old.
2. Be a permanent resident of Malta with a valid local ID card.
3. Be an owner of a residence in Malta.
4. Have a stable job history of at least 3 years registered with Jobs Plus.
5. Provide bank details for payment processing.
6. Hold a Credit or Debit Card issued by a Maltese bank. (Cards from digital banks such as Revolut are not accepted.)

Required Documents

To process your application, we will need:

1. Valid Maltese ID card.
2. Latest three months’ pay slips (for employed individuals.)
3. Job history of the last 3 years. (from Jobs Plus)
4. Previous year’s income tax return or profit/loss statement (for self-employed individuals.)
5. Bank account details.

Important Conditions

OK Pay is subject to the following conditions:

1. Payments are made in monthly instalments according to the selected plan.
2. Special discounts and promotions may not apply to purchases made using OK Pay and are subject to management discretion.
3. Customers must ensure their bank account has sufficient funds for each instalment.
4. If you wish to pay off your balance early, you must notify OK Home at least three business days in advance.
5. If the balance you are applying for exceeds €2,500, a bill exchange may be required.
6. If you are married, both you and your spouse must sign the application.
7. Please note that residence permits are only accepted if accompanied by a copy of a deed showing ownership of residential property in the Maltese Islands. Lease agreements are not accepted.

Missed a Payment?

Payment is made automatically each month via standing order.

If a payment is not received on time:

1. The outstanding balance may become due immediately.
2. Future access to OK Pay may be restricted.
3. The case may be passed to third-party debt collection services.

How to Apply?

Applying for OK Pay is quick and easy.

1. Select your items in-store or online.
2. Use our OK Pay calculator to estimate your monthly payments.
3. Fill your details in our application from and submit the required documents.
4. Visit our store and speak to a team member to submit your application. Bring with you any remaining documents listed above.

For more details, visit OK Home at Pantar Road, Lija, or contact us via email or phone.

All details provided on the website serve as a guideline and are not legally binding. The final terms and conditions will be set out in the official contract, which must be signed in person upon approval.