Buy now, pay later is the American way, but PayPal is putting a new spin on this old habit. As of today, PayPal is officially launching “Pay After Delivery“. Not a very clever name but it’s clear enough – buy something online through PayPal and they won’t take the money until the package arrives (actually, 14 days later).
They’ve been testing this program in the UK and with a few customers here in the US but now they’re opening it up to everyone. . . and just in time for the holidays.
The concept is all about instilling confidence in the buyer. Not sure about your purchase? Worried about buying from a new store? No problem. Complete the transaction and you’ll have plenty of time to put in a claim if the item doesn’t arrive or isn’t what you wanted.