eBay Offers Installment Plans to Canadian Shoppers

eBay now offers an alternative to PayPal Credit, welcoming PayBright to its Canadian marketplace on Wednesday. eBay Canada executive Rob Bigler said, “We are excited to offer PayBright’s installment payment solution to our Canadian customers, the first-ever service of its kind on eBay in Canada.”

In the US, eBay has offered shoppers PayPal Credit since 2008 so they can finance purchases.

When PayBright launched in 2017, it said it was the first Canadian company to launch instant consumer financing for ecommerce purchases, stating that until that point, “Canadian retailers and consumers have not had access to a payment method that is becoming common in the US, Europe, and other parts of the world.”

The new offering on eBay Canada will initially operate using PayBright’s virtual card solution. Canadian customers shopping eBay can receive an instant approval for a virtual prepaid VISA card to complete their purchase and repay PayBright in bi-weekly or monthly installments.

To kick off the partnership, PayBright is offering a 0% APR financing promotion to Canadian shoppers who make purchases on eBay, which runs from through tomorrow. It will run additional promotions “soon.”

Ina Steiner

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.