Where does Paybright get its money?

TheEvilDonut

Hello,

Looking at financing my new phone through Paybright but I am a bit taken aback by the fact that the interest rate is at 0.00%. Where does Paybright gets its revenue?

reference_JW13S

They charge up to 30% if you miss the payments ;)

Paybright also says they got a commission on the sales.

reference_JW13S

Its in French, but a very interesting article https://www.lapresse.ca/affaires/finances-personnelles/2021-01-10/vos-bobettes-en-quatre-versements-egaux.php

TheEvilDonut

https://forum.fizz.ca/en/discussion/comment/6578602#Comment_6578602

Thanks for the info. Very interesting indeed!