PayPal Credit will lend you money for online shopping in the UK
 

PayPal Credit will lend you money for online shopping in the UK
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LONDON — A**ther challenger to traditional credit cards has emerged in the UK with the introduction of PayPal Credit, a way to spread out payments for online purchases.

The payments giant will allow consumers to apply for credit, under which purchases of £150 ($212) or more will be interest-free for four months, then subject to*the standard variable interest rate, which is currently 17.9%. Limits will be set person by person.

SEE ALSO: PayPal cancels 400-job operations center in **rth Carolina over LGBTQ discrimination law


Some retailers, such as Blacks, Dyson and Samsung, have their own individual instalment offers with PayPal Credit. Read more...


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