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PayPal Launches Interest-Free Buy Now, Pay Later in Canada

11/12/2025

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Story summary
  • PayPal launched its buy now, pay later service Pay in 4 in Canada ahead of the holidays, enabling four interest-free payments over six weeks for C$30–C$1,500.
  • Major retailers such as Home Depot and Sephora will offer the option.
  • A PayPal survey finds 60% would try buy now, pay later (BNPL) if fees are removed, aiming to boost sales and reduce cart abandonment during peak shopping.