Introducing KoolPay by Daily Discounts

Shop now. Pay later. 100% interest-free.

KoolPay from Daily Discounts makes it easier than ever to own what you love — without the debt traps or high-interest payments. Secure your item today with just a 15% deposit, and spread the balance across easy, monthly instalments. No credit checks. No surprises. Just smart shopping.

Why Choose KoolPay?

  • Interest-Free: You pay exactly what the item costs. No hidden fees. No extras.
  • Flexible Payments: Up to 4 months to pay it off.
  • Low Deposit: Secure your deal with as little as 15% upfront.
  • Hassle-Free: Cancel anytime. Easy refunds.

How It Works

  1. Choose Your Product
    Shop from thousands of products on Daily Discounts. If it’s worth R500 or more, it qualifies!
  2. Pay Your Deposit
    Secure your item with a minimum 15% deposit (incl. VAT). Pay via cash, EFT, debit or credit card.
  3. Easy Monthly Instalments
    Pay off the balance over up to 4 months– interest-free.
  4. Get Your Item
    Once your final payment clears, collect your item and enjoy!

Who Can Use KoolPay?

To be eligible, you must:

  • Be 18 years or older
  • Have a valid South African ID
  • Provide proof of address (not older than 3 months)
  • Be legally permitted to enter into a contract

Product Eligibility

  • All Daily Discounts items qualify — unless otherwise noted
  • Value: R500 to R50,000
  • Must be in stock at the time of agreement

Payment Schedule

  • Balance split into equal monthly payments
  • Up to 4 months to pay
  • Payment due monthly on the same date as your deposit
  • SMS reminders sent before due dates (and if you miss one)

Missed a Payment? No Worries. We got you.

  • 7-day grace period
  • R50 late fee after that
  • 30 days unpaid? We’ll cancel your lay-by after a 7-day notice

Change of Plans? Cancel Anytime.

  • Cancel within 14 days: full refund
  • Cancel after 14 days: 90% refund of what you’ve paid
  • Refunds processed in 7–14 working days
  • No penalty if you cancel due to hospitalisation or death

Collecting Your Purchase

  • Available after your final payment clears
  • Collect within 14 days
  • R50/week storage fee applies after that
  • Uncollected after 60 days? Item may be resold. Any surplus will be refunded to you.

(FAQ) Frequently Asked Questions

What is KoolPay?
KoolPay is our interest-free lay-by plan. Pay a deposit now and settle the rest over up to 4 months.

How much is the deposit?
At least 15% of the total price (including VAT). You can pay more if you wish.

Can I pay off early?
Absolutely! You can settle your balance early anytime.

What happens if I miss a payment?
You’ll get a 7-day grace period. After that, a R50 late fee applies. If unpaid for 30 days, your lay-by may be cancelled with notice.

When do I get my goods?
As soon as your final payment clears. Collection is required within 14 days.

What if I don’t collect my items?
We charge R50/week storage fee after 14 days. After 60 days, we may resell the item — but you’ll get any surplus back.

What if the product becomes unavailable?
We’ll offer a replacement or a refund with interest in line with the Prescribed Rate of Interest Act.

How is my personal data protected?
We comply with POPIA to keep your personal info safe.

Dispute resolution?
You may contact the Consumer Goods & Services Ombud (CGSO) if we can’t resolve your concern.

Let’s Get You Started

Email: layby@dailydiscounts.co.za
Phone: +27 10 900 5515
Address: 10 Matuka Cl, Carlswald, Midrand, 1684
Company Reg: 2023/241326/07