Talk to a payments expert to get started, 1-855-477-5687.
Offer Pay Later
Drive sales with
PayPal Pay Later.
Retailers can trust PayPal Pay Later to help them reach new customers, boost sales, and increase customer loyalty. Offer flexible buy now, pay later options1 while getting paid up front.
Gain and retain more customers
Eligible shoppers
Approximately 65% of US PayPal consumers are pre-approved for Pay in 4.2 In the US alone, pre-approved Pay in 4 customers have been pre-qualified to spend a potential $80 billion.3
Speedy decisions
Let customers know in seconds if their application is approved. There’s an 86% approval rate for PayPal Pay Later in the US4 and a global approval rate of approximately 90% across products.5
Seamless checkout
Give customers a fast and easy checkout experience with just a few lines of code. Keep your back-office experience as simple as your front end.
Dynamic messages
With Pay Later messaging, automatically present the most relevant Pay Later option as your customers browse, shop, and check out.
US large enterprise merchants saw an additional 11% lift in sales 3 months after adding Pay Later upstream messaging.6
Why businesses choose PayPal Pay Later
#1
PayPal’s ranking among buy now pay later apps for privacy, transparency, and security7
39%
higher average order values (AOV) for Pay Later compared to standard PayPal AOV for large enterprise retailers in the US8
67%
of Pay Later users in all markets are repeat buyers9
Installment options for purchases big and small
How Pay in 4 works for your customers
Short-term option that lets customers pay in four, interest-free installments1
For purchases up to $1,500
No late fees
Images are for illustrative purposes only. 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 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 3, 6, 12, or 24 months at varying APR7
For purchases that range from $49 to $10,000
0% APR campaigns available for an additional fee, which can help accelerate sales
No late fees
Images are for illustrative purposes only. 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
If 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.
Compare Pay Later options
Both Pay in 4 and Pay Monthly let your customers buy what they love now and pay for it later.
| Pay in 41 | Pay Monthly1 | |
|---|---|---|
| Purchase amount | Up to $1,500 | $49 to $10,000 |
| Number of payments | 4 interest-free payments | 3, 6, 12, or 24 payments |
| Time between payments | Bi-weekly (1 down payment and 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 Protection7 | Included | Included |
| Sign-up and late fees | None | None |
| Autopay available | Automatically enrolled at time of purchase. | Option to enroll in autopay at time of purchase or any time after. |
Retail leaders love
PayPal Pay Later
Explore articles, case studies, and more
Frequently asked questions
More about
payments processing
Start offering
PayPal Pay Later
Let us help you put Pay Later to work for your business.