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.

Help attract and retain customers

Millions of ready-to-shop customers

65% of US active customers are pre-approved for Pay in 4.2 They can check their prequalified amount at any time—so they can shop with confidence.

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

90 %
approval rate for Pay Later customers globally3
55 %
Pay Later average order values (AOV) are 55% higher than standard PayPal AOV for large enterprise retailers globally4
35 %
of PayPal Pay in 4 purchases made by PayPal Pay in 4 customers are at the same merchant5
81.6
net promoter score (NPS) of Global Pay Later6

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 installments1

  • 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.

PayPal is #1 in a Consumer Reports analysis for privacy, transparency, and security.8

PayPal Pay Later pays off for all types of businesses

Large enterprises that offer Pay Later in the US enjoy higher average order values (AOV) than standard PayPal AOV.9

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, and as low as 4.99% APR from time to time. 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

Showing page

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.
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. Fixed APR is 9.99-35.99% APR based on the customer’s creditworthiness. Rates as low as 4.99% from time to time. The lender for Pay Monthly is WebBank. PayPal, Inc. (NMLS #910457): CT Small Loan Licensee. RI Loan Broker Licensee. VT Loan Solicitation Licensee.
2
Internal PayPal data as of January 17, 2023.
3
PayPal internal data. July 2021 – December 2021. Results include Pay in 4 (US and AU), Pay in 3 (UK), and Paiement en 4X (France).
4
Internal data analysis of 781 Large Enterprise Retailers with PayPal Pay Later messaging from 1/1/22-12/31/22. Data inclusive of PayPal Pay Later product use across 7 markets. Large Enterprise Retailers defined as >$10M in online commerce payment volume in ES, FR, and IT; >$20M in online commerce payment volume in DE; >$25M in online commerce payment volume in UK; and >$60M in online commerce payment volume in US and >$15M in online commerce payment volume in AU.
5
Based on PayPal Internal data from January 2021 – December 2021.
6
PayPal survey of 418,560 consumers across UK, US, ES, IT, AU, DE, and FR from January 2022 – August 2022.
7
Pay Monthly is subject to consumer credit approval. 9.99-29.99% APR based on the customer’s creditworthiness. PayPal, Inc.: RI Loan Broker Licensee. The lender for Pay Monthly is WebBank.
8
Consumer Reports, "Buy Now, Pay Later Apps Are Popular, but Are They Safe?", May 25, 2023.
9
Based on PayPal internal data analysis of 254 Large Enterprise Retailers with PayPal Pay Later messaging from 1/1/22 – 12/31/22. Large Enterprise Retailer is defined as >$60M in online commerce payment volume in US.
10
Available on eligible purchases. Limits apply. Read the terms and conditions of the PayPal Purchase Protection Program.