PayPal introduces fee-free buy now, pay later service for Canadian consumers called PayPal Pay in 4. Users can split purchases from C$30 to C$1,500 into 4 payments over 6 weeks with no additional costs. Automatic payments can be made using debit card, credit card, or bank account. Early payment option available.

According to PayPal’s 2025 Festive Spending Survey, 60% of respondents interested in BNPL if no fees. Michelle Gill, PayPal Small Business and Financial Services GM, states PayPal Pay in 4 helps Canadians manage cash flow transparently. Businesses offering BNPL see increased conversion and higher sales, especially during holidays.

PayPal notes BNPL essential for businesses of all sizes. BNPL drives 90% global approval rate and raises order values by 80%. Presenting BNPL early in purchasing process lowers cart abandonment rates and boosts conversions, especially during peak shopping seasons. Eligible purchases under PayPal’s Purchase Protection.

PayPal Pay in 4 available at Canadian and international online retailers, travel, lifestyle, and consumer goods sectors. The service aims to provide a transparent and trusted payment option for Canadians. Businesses offering BNPL experience increased sales and conversions. BNPL seen as essential payment option by customers.

Read more at Yahoo Finance: PayPal rolls out fee-free BNPL solution for Canadian consumers