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Online Payments

Sezzle launches in Canada with Kappa

Tuesday 25 June 2019 | 10:23 AM CET

Sezzle, a US-based alternative payments provider, has launched in Canada through a partnership with Kappa Canada.

Sezzle launched in the US in 2017, allowing customers to spread purchases over four installments; currently, it partners with over 3,300 merchants in the country.

Consumers pay 25% at the time of purchase, while Sezzle pays the merchant in full up front – assuming all repayment risk, automatically collecting the remaining installments every two weeks from a payment method on file.

As a report from Payments Canada has revealed, 73% of Canadians aged 18 to 34 are more likely to choose an online company based on how easy it is to check out.

More: Link
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