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PayPal Frenzy returns this week

The third annual PayPal Frenzy online shopping event has launched, featuring more than 250 Australian retailers and a focus on interest-free instalment payments.

The event, held in partnership with Click Frenzy, is the largest iteration to date and covers categories including fashion, tech, home, beauty, and travel.

Headline partners for this year include major national brands such as JB Hi-Fi, David Jones, Chemist Warehouse, Target, and The Iconic.

The sale commenced today and is scheduled to run until midnight on Monday, March 9.

According to the company’s research, nearly half of Australian Buy Now, Pay Later (BNPL) users have migrated to services like PayPal’s ‘Pay in 4’ due to the absence of late fees and interest.

“PayPal Frenzy has become a major moment on the Australian retail calendar,” said Danielle Grant at PayPal. “This year is our biggest yet, bringing together more than 250 brands so Australians can access great offers from retailers they know and trust, all in one place. We know many Australians are looking for smarter ways to approach their spending.”

The event is being hosted on the Click Frenzy website, with real-time offer updates provided via social media channels throughout the week.

Last week, PayPal faced takeover interest after stock price slips.

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