Seduction by paying in installments – someone pays the bill

PayPal currently offers merchants installment payment for their customers. And that too with gender “:”innen 🤮. Here we have again the diabolical seduction of convenience…

They write that I offer PayPal (I don’t really like that either, as you know. But some stubbornly cling to the old rip-off system. And that’s despite the fact that I already offer the flash purchase, which is just as fast in order processing).

As a result, my customers are automatically offered an installment payment with an effective annual interest rate for purchases between 99 and 5000 €.

Comment: I don’t like that at all, because it is a seduction that drags some even more into the debt trap. Not to mention the glass one…

Now I am also supposed to enable my customers to finance over 3, 6, 12 or 24 months at 0% effective annual interest rate, free of charge. As a merchant, I should then pay “only 6.75% additional fee per transaction”.

Comment: Aha, so someone pays the bill. Papal becomes more and more greedy, seduces people into a transparent existence and demands money for it behind the scenes.

I can only warn again and again and hope that you also choose the purchase on account or the flash purchase with advance payment.

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