What is Pay in 4?

Pay in 4 is an interest-free instalment product that lets you split your purchase into 4 payments, with the first payment due at the time of purchase and 3 subsequent repayments made every 2 weeks thereafter.

How does Pay in 4 work?

You will see Pay in 4 as a payment method in the PayPal checkout, if both you and your purchase meet our eligibility criteria. For example, if your PayPal account is in good standing and your purchase is between $30 and $2,000 and not in a restricted category e.g. gambling.

The first time you select Pay in 4 you will be prompted to accept the terms of the Pay in 4 Facility Agreement which will govern any future purchase you make with Pay in 4. After that, every time you choose to use Pay in 4 your proposed purchase will be assessed to see if you are eligible for credit.

How much can I spend with Pay in 4?

We may make up to AUD $2,000 available to you for one or more purchases. The amount made available to you is subject to any repayments you may already owe and our eligibility criteria.

Where can I use Pay in 4?

Pay in 4 will appear as a payment method for eligible accounts and shopping cart values between $30 and $2,000 AUD when you checkout with PayPal.

Pay in 4 is not available at all merchants, for all goods, and for certain recurring subscription services.

What are the terms and conditions for my Pay in 4 plan?

A generic version of the Pay in 4 Facility Agreement is available here. 

You can download your personalised Pay in 4 Facility Agreement from your PayPal account.

Are there any fees associated with Pay in 4?

There are no fees for choosing to pay with Pay in 4. Please note that fees may apply to your use of your PayPal account, which are outlined in our Combined Financial Services Guide and Product Disclosure Statement.

How long will my Pay in 4 plan last?

Your PayPal Pay in 4 Facility is an ongoing agreement between you and us. For each purchase, you are required to make your 4 instalments over 3 consecutive 2-week cycles. Your first instalment is due the day you make your purchase.

What currencies are accepted?

Transactions can be made in all currencies that PayPal supports, not just Australian Dollars (AUD). For transactions not in AUD, PayPal will automatically convert the transaction amount to AUD at checkout before providing you with your Pay in 4 plan. Currency conversion charges will apply as set out in your PayPal User Agreement and our Combined Financial Services Guide and Product Disclosure Statement.

Why could I use Pay in 4 before but can’t now with the same merchant?

Pay in 4 availability will vary by merchant and individual shopping experience. If the offer does not show as a checkout option, there could be few different reasons such as the goods and/or services you are purchasing are not eligible for Pay in 4 or it may be due to changes in our eligibility criteria.

The Pay in 4 checkout option will be displayed if it is available for that purchase.

How will my Pay in 4 transaction appear within my PayPal account?

Every Pay in 4 transaction will appear in your activity feed for the full purchase amount under the seller's name as a "purchase" within your PayPal account. This is to reflect the initial total purchase and is not reflective of the Pay in 4 instalment plan or any payments made by you. PayPal pays the seller upfront for the transaction and spreads that cost over six weeks automatically withdrawing funds via your PayPal account based on the payment schedule agreed in your Pay in 4 Facility Agreement. The first payment and subsequent repayments will each be reflected as a separate transaction in your PayPal activity feed and represent actual repayments made.