PayPal announced that PayPal Credit can now be used everywhere with the introduction of a new physical card, issued by Synchrony. This expands its popular digital PayPal Credit offering to use both online when checking out with PayPal and in-store and everywhere Mastercard is accepted.
When using the new physical card, customers will also have access to a limited time offer to pay for travel purchases over six months with promotional financing and no minimum spend. This gives account holders a more manageable way to pay for qualifying travel purchases like flights, hotels, cruises and ride shares, which can be spread over time to best suit their budget and needs.
“PayPal Credit is one of our most popular products and customers have long been requesting the ability to use it on-the-go as they look for more choice and flexibility wherever they shop,” said Scott Young, SVP, Global Head of Consumer Financial Services at PayPal.
This new offering joins the PayPal Cashback Mastercard as another physical option to use both online and in stores and can be added to mobile wallets for fast and easy tap-to-pay. Plus, customers looking for flexibility at checkout can also apply for a PayPal Buy Now Pay Later loan which lets them break purchases into smaller payments over weeks or months.
