Year-round

Merchandising Intern

Marketplace

Posted on 8/21/2025

Perpay

Perpay

51-200 employees

Interest-free paycheck-deducted installment payments

No salary listed

Philadelphia, PA, USA

In Person

On-site internship; fully in Philadelphia office.

Category
Retail (1)
Requirements
  • Currently enrolled in or will receive a Bachelor’s degree or Master’s with an expected graduation date between winter 2026 – summer 2027
  • Excellent research and writing skills
  • Strong communication abilities
  • Good time management
  • Critical thinking skills
Responsibilities
  • Learn and contribute as part of Perpay Merchandising team during the 10-12 week internship
  • Work alongside the merchandising team on projects that will have a direct impact on customers
  • Experience assortment management, vendor communications, and cross-functional relationship building
  • Meet with various business owners to drive personal and professional development and expand network
  • Develop skills to succeed in a fast-paced technology start-up environment and contribute to Perpay’s culture
Desired Qualifications
  • Enrolled in a Master’s Degree or advanced technical degree
  • Previous work experience in a technical field

Perpay provides a platform for interest-free installment shopping. Users receive a spending limit based on a few questions and pay for their purchases through automatic deductions taken directly from their paychecks. Unlike many competitors that rely on traditional credit checks or high-interest loans, Perpay uses payroll integration to simplify the repayment process. The company's goal is to make significant retail purchases more accessible and affordable for people who want to avoid debt.

Company Size

51-200

Company Stage

N/A

Total Funding

$2.5M

Headquarters

Philadelphia, Pennsylvania

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • CFPB 2024 guidance on earned wage access legitimizes paycheck-deduction compliance framework.
  • Marqeta partnership enables scaled card issuance to 2 million members rapidly.
  • Credit score increases (32 points in three months) drive retention and referrals.

What critics are saying

  • Celtic Bank regulatory scrutiny over subprime lending halts credit card operations.
  • Marqeta outages or pricing increases cripple card issuance and repayments.
  • CFPB enforcement against deceptive BNPL practices forces shutdown or restructuring.

What makes Perpay unique

  • Automatic credit bureau reporting builds credit history unlike most BNPL competitors.
  • Paycheck-linked repayment model reduces default risk through direct deposit integration.
  • Income-based spending limits ($500–$2,500) target underbanked consumers systematically.

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Benefits

Competitive salary + company equity

401k with company match

Medical / Dental / Vision insurance

Pre-tax Public Transportation benefit

Relocation assistance

Student loan company match

Gym subsidy with City Fitness

Cell phone plan

Paid parental leave

Unlimited PTO

Optional work from home (WFH) up to 4 weeks per year

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

7%
PaySpace Magazine
May 8th, 2025
Perpay Selects Marqeta to Power Consumer Credit Card

Perpay selects Marqeta to power consumer credit card.

INACTIVE