What is PayBright? PayBright Review

What is PayBright? PayBright Review
PayBright is Canada's leading provider of e-commerce and in-store point-of-sale financing, with operations spanning multiple verticals including fashion, retail, travel and home furnishings. Founded in 2009 Headquartered in Toronto Nature Payment


Basic Introduction

Since its inception, PayBright has provided more than $2 billion in services to Canadian consumers. PayBright provides consumers with installment payment options for e-commerce platforms and in-store purchases, and has partnered with more than 7,000 retailers around the world, including Sephora, Groupe Dynamite, Steve Madden, Samsung and Endy, to provide consumers with buy now, pay later services for most products.

How to use

1. Select PayBright at checkout

2. Set up PayBright using your phone

3. Confirm your payment plan, and you’re done!

Payment Plan

1. Weekly Payment

No interest or fees

No impact on credit score

Easy, automatic payments

2. Monthly Payment

0% interest on payment plans

Highest approval rate in Canada

Easy, automatic payments

Platform Integration

Shopify, Magento, Woocommerce, Solidus, osCommerce, Lightspeed, Salesforce, IBM Websphere, SAP Hybris.

Development History

In March 2019, Swedish payment startups Klarna and PayBright are joining forces to enable Klarna's 100,000 global retailers to quickly and easily provide consumer financial solutions to Canadian consumers.

In September 2020, SHEIN, a cross-border bestseller and fast fashion rising star brand, recently reached a strategic partnership with Canadian payment giant PayBright, and relied on PayBright's flexible payment and installment payment system to provide the brand's Canadian consumers with more flexible payment solutions. Consumers can spend as much as they want at SHEIN through PayBright and enjoy the benefit of four interest-free installment payments every two weeks.

References

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