Benefit of Pay Later

Help drive sales with PayPal Pay Later

Retailers trust PayPal Pay Later options to help them reach new customers, boost sales, and increase customer loyalty. Offer flexible Pay Later options (Pay in 3 and PayPal Credit)1 and let your customers buy what they love now and pay for it later.

Connect With Us
Talk with us to get started, (+44) 020 7949 4780*
A mobile phone screen of a customer at checkout; a tile offering 2 Pay Later options: Pay in 3 and 0% for 4 months

Help attract and retain customers

6.7m of ready-to-shop customers

There are 4.4m PayPal Pay in 3 users and 2.3m PayPal Credit customers in the UK who are already shopping online.2

Speedy decisions

Historical data and risk modelling let customers know in seconds if their application is approved.3

Seamless checkout

With just a few lines of code, give customers a fast and easy checkout experience.

Dynamic messaging

Pay Later messaging can dynamically calculate instalment payments depending on the product price while customers browse, shop and check out.

Why businesses trust PayPal Pay Later

62 %
of PayPal Credit users are more likely to make a purchase if the retailer highlights PayPal Credit is available.4
372 %
of total payment volume growth since launch of Pay in 3 in the UK.5
1.4x
PayPal Pay in 3 users are 1.4x more likely to use it on a frequent basis than consumers who use competitor BNPL products.6
90 %
of Pay in 3 customers in the UK are repeat users.7
Pay in 3Pay Credit

How Pay in 3 works for your customers8

  • Short-term option that lets customers pay in three, interest-free instalments.

  • For purchases that range from £30 to £2,000

  • No late fees, interest-free Included in PayPal Checkout

Automatically show customers Pay in 3 offers

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

They review their payment schedule

If approved, the first of three equal interest-free payments is paid at the time of purchase. The rest in two payments paid on the same date 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.

How PayPal Credit work for your customers

  • Reusable credit line. Representative APR 23.9% (variable).
  • Always available offer of 0% interest for 4 months on baskets £99 and over.
  • Monthly instalments from 6 to 48 months.
  • Instalment interest rates from 0% to 19.9%.
Images are for illustrative purposes only. For instalment offers, credit fees are payable by merchant in addition to the transaction fee.

Automatically show customers PayPal Credit offers

If you have Credit instalments configured on your account you must display the monthly repayments using the Financing Options API (Instalment Calculator).

How PayPal Credit works for your customers

They apply via a short and fast application form and let them know if they’re approved or not. 0% for 4 months already baked into PayPal Credit with no additional fee for the merchant.

They choose an instalment plan that works for them

Once approved, customers choose a plan and make predictable payments each month. Bespoke merchant integrations can offer a PayPal Credit button at checkout, instalment offers, and finance calculators (from £xx per 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 3 and PayPal Credit let your customers buy what they love now and pay for it later.

Compare Pay Later options
Pay in 3 Pay Credit
Purchase amount

£30 - £2,000

Dependant on customer credit limit.
Number of payments 3 payments Minimum monthly repayment is required
Time between payments Initial payment made at the point of purchase with the following 2 payments made on the same date over the next 2 months. Monthly
APR 0%

Where instalments are integrated interest rates from 0% to 19.9% are available.

PayPal Credit 0% for 4 months is always available at 0% on baskets of £99 and above

Representative APR 23.9% (variable)**

Repayment method Debit card or confirmed bank account Debit card or confirmed bank account
Purchase Protection9 Included Included
Integration Included in PayPal Checkout Offer included in checkout for existing PayPal Credit customers***

Retail leaders love PayPal Pay Later options

Explore articles, case studies, and more

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Frequently asked questions

More about payments processing

Accept PayPal Payments
 
Global Payment Processing
 
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 with us to get started, (+44) 020 7949 4780*
1
Pay in 3 is a form of credit and availability is subject to merchant status, sector and integration. Pay in 3 use is subject to status and approval and can make credit less accessible or more expensive for the consumer. See product terms for more details; FCA permission may be required to offer PayPal Credit. Consumer availability subject to status and application. Representative APR 23.9% (variable).
2
Based on PayPal internal data since launch i.e. from November 2020 to June 2023. Results include Pay in 3 (UK)​.
3
Nielsen, commissioned by PayPal, Nielsen Attitudinal Survey of UK (June 2023) with 2,000 recent purchasers (past 4 weeks) from SMB merchants, including 1,000 PayPal transactions & 1,000 non-PayPal transactions.Base N. PayPal users = 1,568.
4
RFI Global, Consumer survey commissioned by PayPal, May/June 2022. Base: Consumers who have used PayPal Credit : n=118.
5
Based on internal data from July 2022 to July 2023.
6
TRC, Commissioned by PayPal, April 2021. TRC conducted 20 minutes online survey amongst 1,000 UK consumers ages 18+.
7
Based on PayPal internal data from Jan 2023 to September 2023. Repeat Users - who have taken out more than 1 loan.
8
Pay in 3 is a form of credit and availability is subject to merchant status, sector and integration. Pay in 3 use is subject to status and approval and can make credit less accessible or more expensive for the consumer. See product terms for more details.
9
Available on eligible purchases. Limits apply. Read the terms and conditions of the PayPal Purchase Protection Program.
FCA permission may be required to offer PayPal Credit. Consumer availability subject to status and application. Representative APR 23.9% (variable).
Images are for illustrative purposes only. For instalment offers, credit fees are payable by merchant in addition to the transaction fee.
*Please note that charges may apply depending on the terms and coverage with your phone provider.
**Applied to any balances which are not eligible for a promotional rate or balances remaining after the promotional period expires.
***Offering of Instalments incurs additional pricing. FCA permission may be required to offer PayPal Credit.