Smoke, smell, or ominous rumbling from the motor.
If they are not charging you interest, and not charging us any more, how do they make money?Or put another way: how might they benefit from offering free credit?.
On all PayPal transactions, we pay something like 1% more in fees than if you use a regular debit or credit card online with us.So they get that 1% over and above a regular card payment which you might otherwise choose to use.. 1% doesn’t seem very much, but it mounts up.. As e-commerce evolves, and PayPal moves away from their traditional niches such as eBay, you are now their client too as you are using their money for free.You may choose to use “Pay in 3” on other sites with other purchases in the future, they get the extra 1% from the seller on that too.
They may later choose to offer you a credit card, loan, or other financial services.. Once upon a time, you had to use PayPal on eBay.You don’t anymore.
They must have lost a lot of money from that change.
Their aim seems to be that to provide customers and sellers with certain protections.The illusion of a sale is something you will sometimes see.
Some of the big box stores will tempt you with a “sale price”.During checkout, you’ll find that delivery is “expected” in two weeks.
That means they have no stock.Prior to delivery, they will send you an email and say that.