Online payments

BigCommerce expands PayPal Credit for e-commerce merchants

By Kate Fitzgerald November 17, 2017, 2:07 p.m. EST 1 Min Read

BigCommerce has added PayPal Credit as a payment option for merchants using its e-commerce platform.

Processing Content

Austin, Texas-based BigCommerce merchants may include a standalone PayPal Credit button to offer consumers flexible financing, which is particularly appealing for merchants selling higher-ticket items like furniture, BigCommerce said in a Friday press release.

PayPal signage is displayed in front of eBay Inc. headquarters in San Jose, California, U.S., on Tuesday, Sept. 30, 2014. EBay Inc. is spinning off its PayPal division, heeding demands by activist shareholder Carl Icahn and giving the business independence it can use to contend with rising competition from Apple Inc. and Google Inc. Photographer: David Paul Morris/Bloomberg

David Paul Morris/Bloomberg

The e-commerce company has offered PayPal as a checkout option since 2013 and earlier this year BigCommerce added Amazon Pay as another option for its merchants.

Separately, PayPal this week announced it’s selling $5.8 billion in credit receivables to Synchrony Financial, which has been a partner since 2004 for PayPal’s private-label credit cards.

Kate Fitzgerald

Senior Editor, Payments

For reprint and licensing requests for this article, click here.

Online payments

MORE FROM AMERICAN BANKER

Stablecoin

Fidelity plans to launch a stablecoin

Fidelity Digital Assets, the national crypto trust bank subsidiary of Fidelity Investments, is set to launch a dollar-backed stablecoin on ethereum.

By Melinda Huspen

1h ago
Trump administration

Trump taps ex-investment banker Warsh to be next Fed chair

President Trump's announcement Friday morning that former investment banker and Fed Governor Kevin Warsh would be his selection as the next chairman of the Fed ends months of speculation and gives the president a key ally at the central bank.

By Maria Volkova

1h ago
Cryptocurrency

Is the OCC stretching trust charters too far?

The Office of the Comptroller's interpretation of federal trust powers has opened the door for dozens of charter applications by nonbank crypto firms in recent months. Some experts say the agency's interpretation may push the ambiguous statute beyond its limits.

By Ebrima Santos Sanneh

4h ago
Visa

Visa: Credit Card Competition Act not needed

CEO Ryan McInerney reiterated the company's long-held stance that the Credit Card Competition Act was "very harmful" and "just simply not needed."

By Joey Pizzolato

January 29
Digital banking

Nubank receives conditional OCC approval for US charter

The Brazil-based fintech got conditional approval from the OCC to bring its digital banking services to U.S. customers.

By Melinda Huspen

January 29
Payments

Exclusive research Banks, credit unions are on the precipice of an open finance shift

American Banker research finds that most institutions are still planning out adoption, but see new data sharing products as crucial tools for growth.

By Frank Gargano

January 29