bill me later, inc.

Founded in 2000 and headquartered in Timonium, Maryland, Bill Me Later, Inc. pioneered the "buy now, pay later" model for e-commerce. The company offered a revolving line of credit that allowed consumers to make purchases online without using a credit card, deferring payment to a later date. In 2008, eBay acquired Bill Me Later for approximately $945 million to integrate it with its subsidiary, PayPal. In 2014, the service was officially rebranded to PayPal Credit, fully integrating it into the PayPal wallet as a primary funding option for consumers in the United States.