According to the press release, thanks to the initiative, Canada-based merchants that use Clover can easily enable PayBright's solutions by downloading the PayBright app available in the Clover App Market. This allows merchants to offer their customers flexible biweekly or monthly instalment payment options that better suit their budgets.
Clover is a point-of-sale platform processing more than USD 140 billion in annualised payment volume globally. The platform enables businesses to maximise their operating efficiencies and grow while allowing customers to pay using a debit or credit card or via mobile payment options such as Apple Pay, Samsung Pay, and Google Pay.
PayBright was the first integrated instalment payment solution for ecommerce, in-app, and in-store sales in Canada, providing a unified omnichannel experience. Unlike other instalment payment options, PayBright does not require consumers to sign up for a credit card and does not charge hidden fees, retroactive interest, or revolving interest charges.
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