PayBright, an Affirm company, is one of Canada's leading providers of installment payment plans for e-commerce and in-store purchases. Through partnerships with over 10,000 domestic and international retailers, PayBright allows Canadian consumers to buy now and pay later in a quick and easy experience.
PayBright is fully integrated with leading retail partners including Apple, The Bay, Wayfair, Endy, and Browns. PayBright's installment plans range from 4 biweekly payments for smaller purchases up to 60 months for larger purchases, with interest rates as low as 0%. Headquartered in Toronto, PayBright has provided Canadians with over $3 billion in spending power since inception.
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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