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This extension is in our Payment category. Please remember that it is the merchant’s responsibility to ensure the proper PCI compliance level of their store, as applicable by PCI regulations. The PCI Self-Assessment is one tool you can use when evaluating Payment extensions and how they may affect your PCI compliance level. For more information on Marketplace policies, please review the Marketplace Terms & Conditions.
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Pay with PayBright

This is an Integration with a Third Party Service. Other charges and fees may be required to use this extension on your Store
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Overview

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PayBright is a Canadian payments company that provides consumers with instant point-of-sale installment plans (simply known as the Buy Now, Pay Later model) for online and in-store purchases. The company offers several payment models, including 4 bi-weekly interest-free payments for smaller purchases, and equal monthly payments for larger purchases, with interest rates as low as 0%. PayBright has partnered with over 6000+ domestic and international merchants, allowing them to offer installment payment plans to their Canadian consumers in a quick and easy experience. PayBright was the first integrated installment payment solution for e-commerce sales in Canada, and is partnered with leading retailers including Wayfair, Samsung, eBay, Endy, Casper, The Source, Lenovo, Steve Madden, Groupe Dynamite, and boohoo Canada. Headquartered in Toronto, PayBright has approved over $2 billion in consumer credit since inception. For more information visit www.paybright.com.

By installing PayBright, e-commerce merchants are offering a flexible payment option for their customers at checkout, giving them the ability to quickly and easily apply for an installment plan to pay for their purchase. When PayBright is selected as the preferred method of payment, the applicant is redirected to PayBright’s secure and simple credit application. Upon submission of this application and confirmation that they would like to pay using installments, customers are directed back to the merchant’s website where the transaction is completed. Customers enjoy the flexible payment options at checkout, and enjoy their purchase today while paying over time.

 

Account & Pricing

Merchants will need to enroll with PayBright before installing this extension. This extension is free to install. Additional fees apply. Sign up with PayBright here for your merchant account and pricing information.

 

Security

The extension complies with PCI DSS, providing Hosted Payment Page checkout type.

Customers are redirected to the PayBright payment page to choose payment plan and enter additional information and card details. Once the payment process is complete, customers will be redirected back to your store.

No card details are ever entered into or stored on the Magento server and thus it ensures a secure payment process. There is no support for tokenization.

 

Benefits and Solutions 

PayBright offers shoppers two simple, better ways to pay: Pay in 4 and Pay Monthly. By selecting PayBright at checkout, customers can enjoy their purchase today, and pay later.

We set retailers up for success.

Canada’s most trusted BNPL solution: Immediately reach thousands of Canadians that already know, trust, and enjoy PayBright.

0% risk, next-day funding: We take on the risk of fraud and non-payment so you don’t have to.

Fair, transparent terms: PayBright stands for trust: We don’t charge compounding or retroactive interest, or hide fees in the fine print. 

Omnichannel solution: Wherever your customers are, we’re there, too: In-store and online. We integrate seamlessly with all major e-commerce platforms.

Easy. Simple. Secure.: Your customers sign up securely in seconds, and receive a real-time decision that helps complete the sale.

PayBright-powered businesses see immediate results.

Increase sales conversion by +25%

Boost Average Order Value by +30% 

Earn +20% repeat customers

Improve the overall customer journey

  

How it Works

PayBright’s application process is quick, short, and simple:

  1. At checkout, shoppers simply select PayBright as a payment option.
  2. Then, they choose from a list of all eligible plans for their purchase. They select the plan that works for them. 
  3. On the next page, apply for the plan you choose, and find out instantly if you are approved.

Option 1: Pay in 4

Built for smaller purchases, your customers pay in 4 interest-free, bi-weekly installments.

Benefits

● No interest or fees

● Easy application process (under 60 seconds)

● Easy, automatic payments

Option 2: Pay Monthly

Built for larger purchases, your customers pay monthly over 6 to 60 months.

Benefits

● Payment plans from 0% interest

● Highest approval rate in Canada

● Easy, automatic payments

 

Canadian Retailers Love PayBright

  1. “After switching to PayBright’s Pay in 4 product, which offers 0% APR to customers, we saw a huge uplift of about 55% in sales, and our percentage of PayBright sales increased dramatically from 8% to 23% of sales per day.” 

- Eugene Chua, Head of Global Digital Marketing, Secretlab

  1. “Partnering with PayBright has been a big win for us. Almost immediately we started seeing results. It’s a powerful tool for our customers and we’ve seen a very positive impact on our sales. Customers love the 0% offer and the simplicity of the PayBright process.” 

- Mike Gettis, Founder and CEO, ENDY

 

Social Handles

LinkedIn: https://www.linkedin.com/company/paybright-canada/

Twitter: https://twitter.com/paybrightcanada

Facebook: https://www.facebook.com/PayBrightCanada/

Technical Specifications

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Seller profile

PayBright

Seller contact

E-mail

Integrator

PayBright

Current Version

2.1.0

Adobe Commerce platform compatibility

Open Source (CE): 2.3 (current), 2.4 (current)

Commerce on prem (EE): 2.3 (current)

Type

Stable Build

Updated

14 March, 2022

Categories

Extensions, Payments & Security, Payment Integration

Documentation

Installation Guides

User Guides

License Type

Open Software License 3.0 (OSL-3.0)

Policy

Privacy Policy

Quality Report

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Installation & Varnish Tests

Passed

Coding Standard

Passed

Plagiarism Check

Passed

Malware Check

Passed

Marketing Review

Passed

Manual Testing

Passed

All tests were conducted on the latest versions of Adobe Commerce that existed for the compatible release lines at the moment of the extension submission. Latest versions of all other software were used, as applicable.

Release Notes

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2.1.0:

  • Compatible with Open Source (CE) : 2.3
  • Compatible with Commerce on prem (EE) : 2.3
  • Stability: Stable Build
  • Description:

    2.1.0

    - fixed an error during invoice creation via OOTB Magento API
    - improved and reworked checkout workflow
    - fixed original price column issue
    - added support of returned merchandise authorization (RMA)

1.1.5:

  • Compatible with Open Source (CE) : 2.3 2.4
  • Stability: Stable Build
  • Description:

    - Fixed an error while creating refund (credit memo) from admin panel (multi-store support)
    - Fixed a bug with CAD amount conversion
    - Fixed an issue with mobile
    - Added checking for billing agreements on checkout
    - Updated Prequalify widget script

1.0.0:

  • Compatible with Open Source (CE) : 2.3
  • Stability: Stable Build
  • Description:

    - Major stable release
    - PayBright as a payment method
    - Order Management

Support

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The best place to start if you need help with a specific extension is to contact the developer. All Adobe Commerce developers have both a contact email and a support email listed.

Contact Vendor

Q & A

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Reviews

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