PayPal Credit

PayPal Credit
Type of businessSubsidiary
Founded2000; 24 years ago (2000) in Timonium, Maryland, United States
HeadquartersSan Jose, California
Area servedUnited States
OwnerPayPal
IndustryFinancial services
ParentPayPal
URLwww.paypal.com/credit
Advertisingnone
Current statusactive

PayPal Credit, formerly named Bill Me Later (BML), is a proprietary buy now, pay later payment method offered on merchant websites, including those of Wal-Mart, Home Depot, USPS and eBay in the United States.[1] The site provides consumers with a line of revolving credit through Synchrony Bank.[2]

It allows purchases to be made online without the use of a credit card by creating a line of credit. Customer, can either pay off the balance at a later date or pay it in installments. The company was one of the first recipients of the Red Herring Global 100 Award by the publication Red Herring.[3]

On November 7 2008, PayPal completed its acquisition of Bill Me Later. It was formerly owned by I4 Commerce [4] and created by GoPin Inc.[5]

  1. ^ Hart, Jonathan D. (2007). Internet Law: A Field Guide - Jonathan D. Hart - Google Boeken. BNA Books. ISBN 9781570186837. Retrieved 2013-09-06.
  2. ^ "PayPal Credit Reviews - formerly Bill Me Later". Consumer Affairs. June 6, 2024.
  3. ^ "Information and results for 'Bill Me Later, Inc. Named a Red Herring Global 100 Winner.' | AccessMyLibrary - Promoting library advocacy". AccessMyLibrary. Retrieved 2013-09-06.
  4. ^ "Information and results for 'I4 Commerce Changes Name to Bill Me Later, Inc.' | AccessMyLibrary - Promoting library advocacy". AccessMyLibrary. Retrieved 2013-09-06.
  5. ^ "GoPin - Intelligent Transaction Processing for Merchants". 2002-04-11. Archived from the original on 2002-04-11. Retrieved 2023-07-25.