Offer Pay Later

Drive sales with PayPal Pay Later.

Retailers trust PayPal Pay Later to help them reach new customers, boost sales, and increase customer loyalty. Offer flexible buy now, pay later options1—with no additional cost or risk for your business.

Connect With Us
Talk to a payments expert to get started, 1-855-477-5687.
Merchant-funded 0% APR for consumers is in addition to your applicable PayPal transaction rate.

Attract and retain customers

Millions of ready-to-shop customers

Approximately 65% of US PayPal consumers are pre-approved to use Pay in 4.²

Speedy decisions

Rich historical data and advanced risk modeling are used to let customers know in seconds if their application is approved.

Seamless checkout

With just a few lines of code, give customers a fast and easy checkout experience. It’s already included with your PayPal integration.

Dynamic messaging

Automatically present the most relevant Pay Later option as your customers browse, shop, and check out.

More about Pay Later messaging  

Why businesses trust PayPal Pay Later

86 %
approval rate for PayPal Pay Later in the US3
39 %
higher average order values (AOV) for Pay Later compared to standard PayPal AOV for large enterprise retailers in the US4
67 %
of Pay Later users in all markets are repeat buyers5

Installment options for purchases big and small

Pay in 4 Pay Monthly

How Pay in 4 works for your customers

  • Short-term option that lets customers pay in four, interest-free payments1

  • For purchases that range from $30 to $1,500

  • No late fees

Automatically show customers Pay Later offers

Turn browsers into buyers with dynamic messages throughout the shopping journey.

Customers choose Pay in 4

They can apply for Pay in 4 with no impact to their credit score.1

They review their payment schedule

If approved, the first of four equal interest-free payments is paid at purchase. The rest of the payments will be paid automatically on a predictable schedule.

We make it easy to track payments

Customers can make a payment and review plan details at any time in the PayPal app.

How Pay Monthly works for your customers

  • Longer-term payment option that lets customers pay over 6, 12, or 24 months at varying APR¹
  • For purchases that range from $199 to $10,000
  • 0% APR campaigns available for an additional fee, which can help accelerate sales
  • No late fees
Merchant-funded 0% APR for consumers is in addition to your applicable PayPal transaction rate.

Automatically show customers Pay Later offers

Turn browsers into buyers with dynamic messages throughout the shopping journey.

Customers choose Pay Monthly

They apply and know within seconds if they’re approved. You can also offer financing at 0% APR for an additional fee—which could help customers complete their purchase.

They choose a payment plan that works for them

Once approved, customers choose a plan and make predictable payments each month.

We make it easy to track payments

Customers can make a payment and review plan details at any time in the PayPal app.

PayPal is #1 BNPL app in a Consumer Report analysis for privacy, transparency, and security.6

Compare Pay Later options

Both Pay in 4 and Pay Monthly let your customers buy what they love now and pay for it later.

Compare Pay Later options
Pay in 41 Pay Monthly1
Purchase amount $30 to $1,500 $199 to $10,000
Number of payments 4 interest-free payments 6, 12, or 24 payments
Time between payments Bi-weekly (1 down payment & 3 payments) Monthly
APR 0% 9.99-35.99% APR based on the customer. Option to fund 0% APR campaigns for additional cost.
Repayment method Debit card, credit card, or confirmed bank account Debit card or confirmed bank account
Purchase Protection10 Included Included
Sign-up and late fees None None
Autopay available Automatically enrolled at time of purchase Enroll in autopay at time of purchase or any time after

Retail leaders love PayPal Pay Later

Explore articles, case studies, and more

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Frequently asked questions

More about payments processing

Accept PayPal Payments
 
Venmo for Business
 
Developer Documentation
 
Payment Methods
 

Start offering PayPal Pay Later

Let us help you put Pay Later to work for your business.

Connect With Us
Talk to a payments expert at 1-855-477-5687.
Images are for illustrative purposes only.
1
About Pay in 4: Loans to CA residents are made or arranged pursuant to a CA Financing Law License. PayPal, Inc. is a GA Installment Lender Licensee, NMLS #910457. RI Small Loan Lender Licensee. When applying, a soft credit check may be needed for some consumers, but will not affect their credit score.
Pay Monthly is subject to consumer credit approval. Term lengths and fixed APR of 9.99 – 35.99% vary based on the customer's creditworthiness. The lender for Pay Monthly is WebBank. PayPal, Inc. (NMLS #910457): CT Small Loan Licensee. RI Loan Broker Licensee. VT Loan Solicitation Licensee.
2
PayPal internal data as of January 17, 2023.
3
PayPal internal data from August 2022 – June 2023.
4
Nielsen Survey, commissioned by PayPal, Nielsen Media Attitudinal Survey of USA (February 2023) with 3,999 recent purchasers (past 2 weeks) from large enterprise merchants, including 1,057 PayPal Pay Later transactions & 942 non-PayPal Pay Later transactions; PayPal Pay Later includes Pay Monthly and Pay in 4​.
5
PayPal internal data from January 2022 – December 2022. Repeat users who have taken out more than one loan.
6
Consumer Reports, "Buy Now, Pay Later Apps Are Popular, but Are They Safe?", May 25, 2023.
7
Available on eligible purchases. Limits apply. Read the terms and conditions of the PayPal Purchase Protection Program.