Installment payments

Installment payments give shoppers the flexibility to pay for purchases over time. When you offer Pay Later, your customers can choose a payment schedule that works for them through Pay in 4 or Pay Monthly.

Sign up for a PayPal Business account and set up PayPal Checkout on your website—Pay Later is already included at no additional cost. Once you’re set up, you can add dynamic messaging to promote relevant Pay Later options as customers browse, shop, and check out.

Pay Later is included with PayPal Checkout at no additional cost. You’ll be charged our standard PayPal payments transaction fee when customers pay with Pay Later.

You'll get paid in full once you capture the transaction. We handle billing on our end so you don’t have to.

Proprietary data and credit bureau data may be used to determine a customer’s creditworthiness. For Pay in 4, some consumers may require a soft credit check that does not impact their credit scores. Pay Monthly is subject to consumer credit approval.

When a customer returns something they purchased with Pay in 4 or Pay Monthly, use our standard refund process and we’ll provide a credit to the customer.

You'll get paid in full once you capture the transaction, so there's no additional risk to you if a customer doesn’t pay on time or misses a payment.