Payments

From sending money safely across town or across the globe to getting paid to supporting your fave charities, here’s w...

A couple reviews financing terms and bills.

What is financing?

Financing is the process of receiving funds from a lender to help make a purchase and then paying those funds back over time. For example, someone may want to finance big-ticket items like furniture, a renovation project, a new car, or a new home. With financing, the individual doesn't pay the full purchase amount upfront themself. Instead, they borrow the funds from a bank or lender and pay back the lender over time, usually with interest.

AuthorPayPal Editorial Staff

A person pulling a vinyl record out of a sleeve after using a buy now, pay later service to purchase a record player in store.

How to use a buy now, pay later service in-store in 4 steps

Buy now, pay later (BNPL) is used easily for in-store purchases. All buyers need to do is confirm which payment methods the retailer accepts, then apply in the app. Then, you get a virtual card to make the payment.

AuthorPayPal Editorial Staff

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