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Payment Source Partners with PayBright to Enable Installment Payments on PaySimply

October 18, 2021

Payment Source today announced its partnership with PayBright, Canada’s leading provider of installment payment solutions. This new partnership will give customers of PaySimply (a Payment Source online payment solution) the option of paying for taxes and bills in installments.

Alternative payment methods provide options for Canadians when they need them. By choosing PayBright as their payment method on PaySimply, tax and bill payers can now pay over 3, 6, or 12 months in a quick and easy transaction. This new payment plan option is available on PaySimply. 

“Enabling instant financing is important in the current economy,” says Albert Lang, Vice President of Cards and Payment Services at Payment Source. “This partnership with PayBright will allow Canadians to pay what they can afford now, and pay the remaining balance over time.”

“PayBright is pleased to partner with Payment Source to offer Canadians more payment choice on PaySimply,” said Wayne Pommen, President and CEO of PayBright. “By adding PayBright’s pay-later plans to its list of payment options for taxes and bills, Payment Source is providing much-needed payment flexibility to its customers.”

PaySimply is an online tool that allows customers to pay for services and taxes online or in-person in a variety of ways. The ability to pay with installments is yet another way PaySimply provides the alternative payment choices Canadians want. Learn more about PaySimply at www.paysimply.ca.

Toronto-based PayBright was the first integrated installment payment solution for both e-commerce and in-store sales in Canada that does not require customers to sign up for a credit card. Unlike other pay-later payment methods, PayBright does not charge hidden fees, retroactive interest, or revolving interest charges.

About Payment Source

Recognized as one of Canada's Best Managed Companies for three years in a row, Payment Source empowers inclusion by providing alternative payment solutions to organizations of all sizes to better serve their customers. Learn more about Payment Source at www.paymentsource.ca.

About PayBright

PayBright is Canada’s leading provider of installment payment plans for e-commerce and in-store purchases. Through partnerships with over 6,000 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 Steve Madden, Bestseller, boohoo, Groupe Dynamite, Wayfair, Samsung, eBay, TaylorMade, Endy, Casper, The Source, and Lenovo. PayBright's installment plans range from 4 bi-weekly interest-free payments for smaller purchases up to 60 months for larger purchases. Headquartered in Toronto, PayBright has provided Canadians with over $2 billion in spending power since inception. For more information, visit www.paybright.com.

Press Contact

Allison Cutler
Director, Marketing & Communications
Payment Source

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