Digital Payments News

PayPal Powers Pay Later Offerings for Wix Merchants This Holiday Season

PayPal Powers Pay Later Offerings for Wix Merchants This Holiday Season
U.S.-based Wix eCommerce merchants can now inform consumers that PayPal Pay in 4 is available to use when browsing and checking out

PayPal Holdings Inc. announced that Wix merchants can offer PayPal Pay in 4* and PayPal Credit** through a dedicated Pay Later checkout button, as well as present Pay in 4 messaging earlier in the shopping journey. With many businesses expressing optimism this holiday season, PayPal Pay Later solutions provide Wix eCommerce merchants in the U.S. with another way to help maximize this all-important time of year.

Latest Fintech Insights: Becomes the Largest Crypto Company in Latin America with the Acquisition of Argentinian Crypto Powerhouse SeSocio

According to Adobe, online retailers totaled $8.9 billion in sales on Black Friday this year. With consumers continuing to shop online for their holiday needs, Wix and PayPal are helping merchants ensure they reach millions of active consumers by offering PayPal Credit and PayPal Pay in 4. In fact, U.S. merchants who accept PayPal Pay in 4 have reported a 21% increase in payment volume – proving this option as a way for merchants to help increase their sales.

“As we head into the holiday shopping season, business owners need to do everything they can to increase their sales conversions and offering Pay Later solutions is one way to do it,” said Greg Lisiewski, Vice President of Global Pay Later at PayPal. “Businesses need help in order to recover from the past 18 months – and by providing PayPal Credit and Pay in 4, they have one more tool to do so.”

“As eCommerce has accelerated tremendously, so has the demand for innovative payment options from our merchants and their customers,” said Amit Sagiv, Co-head of Payments at Wix. “By continuing to offer flexible payment methods to our merchants like PayPal Credit and PayPal Pay in 4, we’re helping merchants reach more customers by providing them with more options at checkout and ultimately increasing their conversion.”

Browse The Complete News About Fintech : Banco Galicia, One of the Largest Banks and Financial Service Providers in Argentina, Secures its Mobile App via Appdome

PayPal Pay Later solutions offer consumers flexible and predictable payment methods. PayPal Pay in 4 allows consumers to split purchases into 4 interest-free equal payments made every two weeks. Consumers can choose a credit card, debit card, or direct bank withdrawal as a repayment method and will not be charged late fees if a payment is missed. PayPal Credit offers 6 months special financing on purchases of $99+.

Wix businesses can simply add PayPal Pay Later buttons to their product page, cart and at checkout. PayPal Pay in 4 messaging can automatically appear on their product page. If a merchant is already connected with PayPal, the PayPal Pay Later buttons will automatically appear in their store. If a business is not already connected to PayPal, they need to follow three simple steps to offer their consumers another way to pay:

  1. Go to the Wix dashboard and select “Settings”
  2. Click Accept Payments
  3. Connect to PayPal and follow the instructions

PayPal Pay in 3 will be available to Wix businesses in the U.K. and PayPal Pay in 4x to Wix businesses in France in the coming months.

Read More About Fintech News : Cetera Extends Investor Acquisition Program to All Affiliated Financial Professionals based On Organic Growth Results

[To share your insights with us, please write to]

Related posts

Bit Announces $36M in Total Funding to Help Organizations Scale Component-Driven Development

Fintech News Desk

Exclusive Secure and Trusted AI Report in Response to EU AI Regulations: Retrospective, Trends, Predictions

Fintech News Desk

ACH Processing Company Offers “Virtual/PCard” Payment Solution for Healthcare Payers to Recoup Revenue

Fintech News Desk