PayPal Pay in 4 is a payment method where you can buy now and pay later by splitting the cost of your order over four instalments. The first payment will be due at time of purchase and subsequent 3 payments will be due every 2 weeks.
Who can use PayPal Pay in 4?
• To pay with PayPal Pay in 4, you must be over 18 years old and have a PayPal account with a valid debit card linked to it.
• You must have a US bank account and residential address. Please note, PayPal Pay in 4 is not currently available to residents in New Mexico, North Dakota, Missouri, South Dakota, Wisconsin, or any U.S. Territories.
• You’ll need to spend $30 or more (up to $1500) to pay using PayPal Pay in 4.
• When applying to use PayPal Pay in 4, a soft credit check may be required to assess your credit worthiness, so your application to use PayPal Pay in 4 may be rejected. Your credit score will not be impacted by the soft credit check.
PayPal Pay in 4 gives you extra flexibility when paying for your order as you're able to spread the cost through instalments. If you choose to pay using PayPal Pay in 4, please remember to spend responsibly – sometimes, delaying or splitting up payments might not always be the best option. We want you to shop with confidence, so we’ve provided all the info you need below.
How do I pay using PayPal Pay in 4?
• At the checkout, you’ll have the option to pay via PayPal Pay in 4. You’ll then be directed to log into your PayPal account, where you’ll see PayPal Pay in 4 as one of the available payment methods.
• After selecting it, you can apply for a PayPal Pay in 4 plan in a few simple steps, get an instant decision and finish checking out. Your order total will be divided equally into 4 instalments, with the first instalment due at the time of purchase.
• The remaining 3 instalments will need to be paid directly into your PayPal account on every 2 weeks.
• PayPal will send you a reminder by email or text message to let you know when your next payment is coming up or you can see your payment schedule or make unscheduled payments at any time by logging into your PayPal account.
How does PayPal Pay in 4 work?
• You can see details of how much you owe at any time, by logging into your PayPal account.
• You’ll be sent a reminder by email or text message from PayPal to let you know when your next payment is coming up. You can also see your payment schedule or make unscheduled payments at any time by logging into your PayPal account. If you want to pay the entire balance off at once, you can also do this.
• There will be no fees to use PayPal Pay in 4. However, if your payment is late, PayPal will be in touch to remind you of the missed payment.
• If payment still isn’t made after this, the PayPal collections agency will contact you to arrange payment.
• Please note, your credit score could be affected if payment isn’t made.
Click here to find out more information about PayPal Pay in 4.
