Infographic: 4 ways Pay Later helps fashion retailers

Jan 25 2022 | PayPal Editorial Staff

The coronavirus is shifting fashion retail trends and buying behavior. See how fashion retailers are using Pay Later options like Pay in 4 to help grow sales, cart size and revenue during these challenging times.
1 About Pay in 4: Consumer late fee may apply for missed payments and varies by consumer’s state of residency. Loans to California residents are made or arranged pursuant to a California Finance Lenders Law License. PayPal, Inc. is a Georgia Installment Lender Licensee, NMLS #910457.

PayPal Credit is subject to consumer credit approval.

2 An online study commissioned by PayPal and conducted by Netfluential in August 2020 involving 1000 U.S. PayPal SMB merchants selling products directly to consumers through a website or e-commerce platform. The sample is made up of merchants in different verticals, 200 in fashion, 200 in cosmetics and 600 across home-goods, furniture, garden, electronics and sport. 
3 Average order value of PayPal Credit transactions with a PayPal Credit button and message vs. those without using 2019 PayPal internal data among 50 industry businesses.
4 Online study commissioned by PayPal and conducted by Logica Research in May 2020 involving 2,000 U.S. consumers, half were PayPal Credit users and half were non-PayPal Credit users.
5 Online shopping cart abandonment rate worldwide from 2006 to 2019, Statista, 2019.
6 Average lift in overall PayPal AOV for merchants with PayPal Credit messaging vs. those without, 2019 PayPal internal data.

The content of this article is provided for informational purposes only. You should always obtain independent business, tax, financial, and legal advice before making any business decision. 

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