PayPal announces ‘Pay Monthly’ BNPL product

PayPal Credit
PayPal has announced a new buy now, pay later (BNPL) product, ‘Pay Monthly’, as it expands its super app.
// PayPal has announced a new buy now, pay later (BNPL) product, ‘Pay Monthly’, as it expands its super app.
// The new feature will allow users to split purchases between $199 and $10,000 into monthly payments that are spread over a six- to 24-month period.

In order to use the feature, customers complete a short application after selecting the Pay Monthly feature as their chosen method of payment at checkout.


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