Buying a Kimono on Credit?

Occasionally we receive an inquiry from a customer asking if we offer a credit line or payment plan to purchase a kimono or yukata. While we do not have an in-house credit department or offer credit, we do accept PayPal Credit.

PayPal is a payment processing service used by millions of retailers and businesses worldwide. It is an electronic alternative to paper checks and money orders.  Established in 1998, it was acquired by eBay in 2002 and in 2015 was subsequently divested to shareholders where it again, became an independent company. PayPal became part of the Forbes 500 group in 2019. Today, PayPal sports annual revenue of over $20 billion.

Chopa has used PayPal to process its credit card payments for many years. They are a trusted company and continuously work on updating their state of the art security and technical platforms to ensure customer safety. Chopa has always made customer security a top priority and after reviewing the workings of PayPal it became a partner of our company and we anticipate it will continue into the future.

One feature of PayPal, besides using your own secure account to pay for a purchase on our website, is their credit division.  PayPal Credit is featured on our site and available to anyone.  If you do not have a PayPal account, you can fill out a simple account application online and receive a credit decision in just seconds. In most cases, they provide a minimum opening line of credit of $250.00.

PayPal Credit is a reusable credit line that may be used at millions of stores that accept PayPal. While the interest rate charged can be high like many credit cards on the market today, they offer promotional rates that can save you money. PayPal is currently offering six months same as cash on purchases over $99.00.  This means  you pay zero interest if the credit is paid off in the first six months of the purchase.

Purchases of $98.99 or less enjoy zero interest if the balance is paid in full at the end of each month by the payment due date. PayPal emails you reminders of the due date and you can review your account online anytime.

Circumstances arise when sometimes you need a little bit of help or have an urgent need for credit. Perhaps you have spent your allocation for the month, but need to make a purchase now for a special event or occasion. PayPal Credit may be the right option for you, especially of you have the ability to pay it off by the first due date or within six months.

Several years ago, a customer needed to purchase a dozen kimonos for a family reunion. She didn’t have the balance available on her credit card but wanted to take advantage of a group discount we offered her for the large purchase. She knew she would be collecting the money individually at the reunion in two weeks and investigated using PayPal Credit as an option. Long story short, she financed the purchase, made it to the reunion, everyone loved the kimonos and she collected the money and paid off the loan with a week to spare eliminating any interest charges.

We also had a non-profit group that was producing a theatrical performance at a local theater and needed a eight yukata for the act. They had a lot of money tied up in the production and preperformance expenses and needed a bit of credit to get them through the performances, when they would receive ticket revenues. One of the individuals applied for the credit, received confirmation and a generous credit line within minutes. They purchased the robes and the performance was a huge success.  The cast wrote us a beautiful letter thanking us for the loan. We were humbled but reminded them that it wasn’t us, but rather PayPal Credit that provided the assistance. We just provide the direct link on the shopping cart page at check-out. The advantage of this credit line is that it is electronic, quick, no long waiting period, terms are disclosed upfront and very easy to understand. Just like Chopa takes the guesswork out of online kimono shopping, PayPal Credit takes the guesswork out of financing your purchase.

While we don’t advise or portray ourselves as financial advisors to anyone, we appreciate the alternative that PayPal offers customers. It’s a quick and simple way to pay for a purchase now and pay it later. We strongly advise and recommend you evaluate your own circumstances and review the terms of PayPal Credit before you accept a loan. Chopa does not necessarily recommend financing purchases, but understand that each individual or group has their own unique circumstances and financial needs. Review and evaluate your own financial abilities before accepting any credit offers from anyone.

Since 1994, Chopa has been a leading online provider of Japanese kimono, yukata, short length robes, loungewear, full length kimonos and plus sized yukata in a large selection of styles and colors. Join our family of over 32,000 happy customers and counting and more importantly treat yourself to a luxury kimono in soft 100% cotton. Happy Lounging.

Photo courtesy of Andrea Piacquadio.

.