Pay in 4 is an interest-free installment loan that lets you split your purchase into 4 repayments, with the down payment due at the time of the transaction and 3 subsequent repayments made every 15 days thereafter.

How can I pay with Pay in 4?

Pay in 4 will appear as a payment method for eligible shopping cart values between $30 to $1,500 when you check out with PayPal. Upon applying, you'll receive a decision within seconds, although not every application will be approved.

Availability depends on your state of residence, and you must be at least 18 years of age (or the age of majority in your state) to apply. You must also have a PayPal account in good standing or open a PayPal account to apply.

Pay in 4 is not available for certain merchants and goods. Offer availability depends on the merchant and may not be available for certain recurring subscription services.

Are there terms and conditions for my Pay in 4 loan?

Yes. You must read the loan agreement for your Pay in 4 loan before you submit your application. You will see the link to the loan agreement when you choose to apply for Pay in 4 at checkout. You will also have the option to download the loan agreement.

Once your plan starts, we will send you an email containing important information about your Pay in 4 loan, including how to locate your loan agreement.

Are there any fees associated with Pay in 4?

PayPal does not charge any sign-up, application, late, or NSF fees when you pay with Pay in 4. However, if your repayment is returned because of non-sufficient funds or for another reason, your financial institution may charge you an NSF or other fee.

How long will my Pay in 4 plan last?

Your Pay in 4 loan will last a little over 6 weeks in total. The down payment will be due at the time of the transaction and 3 subsequent repayments will be taken every 15 days thereafter.

Where can I pay with Pay in 4?

Pay in 4 is available to use at select merchants where PayPal is accepted. Transactions can be made in all currencies that PayPal supports, not just USD. For transactions not in USD, PayPal will automatically convert the transaction amount to USD at checkout before providing you with your Pay in 4 plan. Currency conversion charges will apply and can be found in the PayPal User Agreement.

Why could I use Pay Later before but can’t with the same merchant now?

Pay in 4 eligibility will vary by merchant and individual shopping experience. The Pay in 4 checkout option will be displayed if the option is available for the specific merchant as well as the transaction amount and type. Keep in mind, not all goods and services are eligible. If for some reason the items in your cart are not eligible for Pay in 4, the offer will not be available.

If your application gets declined, you can still use PayPal to check out securely with other payment methods in your wallet. We will send you a message in the PayPal Message Center explaining why your application wasn’t approved at this time. Our Customer Service team can’t see your decline explanation reason(s) and cannot review loan applications.