Be prepared for the unexpected with payment security.
Don’t wait for life to happen to help safeguard your finances. Protect your PayPal Credit account balance with optional Payment Security.
Proactive planning can pay off.
There’s no telling what tomorrow brings – that’s why there’s Payment Security. This optional purchase can cover your minimum monthly payments or entire balance up to $10,000 of your PayPal Credit account balance in the case of a qualifying event. Terms apply.*
Purchase
Get coverage for qualifying life events.
Unemployment
Leave of absence
Disability
Hospitalization
Nursing home stay
Loss of life
Terminal illness
The cost of protection.
For $1.66 per $100 of your PayPal Credit account’s ending monthly balance,
Payment Security could provide the coverage you need.
Example
Ending Monthly Balance
$300
Example
Fee for That Month
$4.98
Fees will vary each month based on your ending account balance.
Purchase optional Payment Security today for peace of mind tomorrow.
PurchasePayment Security FAQs
Can Payment Security help me if I am self-employed, am a contract employee, or have my hours reduced?
Yes. Job loss and leave of absence benefits depend on your job type. You must have a full-time, year-round job to qualify for full balance cancellation. Seasonal or part-time jobs only qualify for cancellation of up to 6 months of minimum payments.
How soon would I be eligible for a benefit under Payment Security?
If tomorrow I become unemployed or take a leave of absence, would I be eligible for a benefit under Payment Security?
If I pay my PayPal Credit balance in full each month, will I still be charged for Payment Security?
If I have no balance on my account, will I still be charged for Payment Security?
Don’t have PayPal Credit?
PayPal Credit takes the stress out of large purchases by giving you the flexibility to buy now and pay over time with No Interest if paid in full in 6 months on purchases of $99 or more. Interest will be charged to your account from the purchase date if the balance if not paid in full within 6 months. Minimum monthly payments required. Subject to credit approval. See terms.
Apply Now
To purchase Payment Security, you must have a PayPal Credit account.
Click here for current PayPal Credit Account Terms and Conditions.