PayPal is expanding its “buy now, pay later” solutions to France, with a new installments product that will enable customers1 to split purchases into four equal payments over three months, nearly anywhere PayPal is offered.

PayPal President & CEO, Dan Schulman, sent the following email to all PayPal employees discussing the company’s $550 million commitment to support Black communities throughout the U.S.

PayPal’s core values are inclusion and equality – and we strongly stand against discrimination, racism, hatred and violence. As a company, we have been in deep conversation during this difficult time, determined to stand with our Black colleagues and their communities – and working together on how we can contribute to meaningful change.