VentureBeat – 11/3/14: PayPal has officially launched its Pay After Delivery service, the company announced at the Money2020 payments event in Las Vegas today. The payment firm also revealed new partnerships with Burger King and GoDaddy as well as with Visa firms and Cybersource. For those who don’t know, Pay After Delivery lets PayPal users pay for their goods up to 14 days after they choose to make a purchase. The goal, as PayPal puts it, is to give customers “the same level of confidence whether they shop online or in store.” While shoppers get to buy and pay later, merchants still get paid immediately, meaning PayPal is essentially offering a two-week loan.
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