PayPal extends its immediate purchase option to France

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PayPal is extending its “buy now, pay later” solution in France. The new PayPal installment product allows consumers to split purchases into four equal payments over three months, almost anywhere PayPal is offered.PayPal says online payments are popular with French consumers. In particular, PayPal refers to research showing that 64% of users would have delayed or not completed their purchase without an available payment option.

In addition, 84% of consumers are more likely to shop again at a retailer with a payment option. The installment payment option will automatically be available as a funding mechanism in the PayPal wallet at all qualified PayPal merchants in France.

PayPal is one of the first companies to offer installment solutions to small businesses in France. There are no additional costs or integration for the merchant, and the merchant is paid in advance.

Customers receive a credit decision almost instantly and pay 25% at the time of purchase for items from € 100 to € 2000.

PayPal loan has been processing $ 50 billion since 2008

PayPal continues to expand its “buy now, pay later” solutions with global expansion and customer-focused innovation. PayPal Credit – the interest-free, reusable digital line of credit if paid in full in 6 months on purchases of $ 99 or more helps merchants increase sales and loyalty.

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According to PayPal, it has processed more than $ 50 billion in loans since 2008. PayPal credit expanded to the UK in 2014, surpassing the £ 2 billion in British loans in 2019.

PayPal Ratenzahlung, German Payments from PayPal, launched in 2016 and serves the 23 million PayPal customers in Germany. In Australia, the Netherlands, Germany, France and Spain, consumers have the option to “pay after delivery” – another “buy now, pay later” offer supported by PayPal.

Payments FR 600x400 - PayPal extends 'buy-now-pay-later' to France

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