PayPal today announced the launch of PayPal Pay in 4, an interest-free, no-fee, buy now, pay later (BNPL) solution for Canadians.
Starting this holiday season, Canadian shoppers can access a more flexible payment option across millions of online Canadian and global lifestyle, consumer, and travel brands, just in time for Black Friday, Cyber Monday, and Boxing Day.
Consumers can now make their budget go further with PayPal Pay in 4 at their favourite brands including Knix, Samsonite, Silk & Snow, The Home Depot Canada, Ticketmaster and many others.
PayPal Pay in 4 gives Canadians more flexibility at checkout, letting shoppers split eligible purchases from $30 to $1,500 into four equal, interest-free payments over six weeks. Automatic payments keep everything on track with options to fund the payment including debit, credit, or bank account. If consumers want to pay early, they can do so using the PayPal app or online.
“PayPal has served Canadians for over 15 years and is one of the most trusted brands across the country. To meet demand for transparent and trusted payment options, PayPal’s Pay in 4 helps Canadians manage cash flow without late fees or hidden costs,” said Michelle Gill, General Manager, Small Business and Financial Services, PayPal. “Businesses also benefit as those who offer PayPal BNPL offerings experience increased conversion and higher sales—both critical during peak holiday season.”
