paypal buy now and pay later uk

http://bimanews.com/paypal-takes-goal-at-klarna-with-pay-in-three-service-for-uk-buyers/
LONDON — PayPal says it’s launching a “buy now, pay later” service in the U.K. that lets shoppers finance their purchases over three interest-free monthly instalments.
In the U.K., PayPal’s new product will offer three-month instalment plans for purchases of between £45 and £2,000. It’s signed up a number of British retailers to offer the service, including Crew Clothing, French Connection, Robert Dyas and Ryman.