Pay in 4 Facility – Schedule
Customer name | |
Customer address | |
Customer email (PayPal account ID) | |
Financial Table | |
We can change any information in the Financial Table, including adding a new fee type. We’ll always act reasonably when doing this. Please see the Pay in 4 Facility Agreement for changes we can make and how and when we will tell you. | |
Maximum amount of credit that may be provided (Credit Limit) | AUD $2,000 |
Interest | No interest charges are payable under the Agreement. |
Repayments | You must pay any Approved Transaction Amount in 4 instalments:
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Credit fees and charges | Not applicable |
Credit provider’s name | PayPal Credit Pty Ltd ACN 600 629 258 |
Credit provider’s address | Level 24, 1 York Street, Sydney NSW 2000 |
Pay in 4 Facility Agreement
Key information:
Terms and Conditions
Agreement means these Pay in 4 Facility Terms and Conditions and the Schedule.
Approved Purchase means an Eligible Purchase that is made under the Pay in 4 Facility in accordance with this Agreement.
Approved Transaction Amount means the Transaction Amount less:
Available Credit means the amount of credit available to you under the Pay in 4 Facility. This amount will reflect your Credit Limit less the Outstanding Balance and any Transaction Amount that has not yet been processed to your Pay in 4 Facility, as well as PayPal’s credit assessment for each proposed Eligible Purchase.
Business Day means a day on which banks are open for business in Sydney, Australia excluding a Saturday, Sunday or public holiday and ending at 6pm AEST on that day.
Credit Limit means the maximum amount of credit we agree to provide to you under the Pay in 4 Facility, as set out in the Schedule.
Customer or you means the holder of the Pay in 4 Facility as identified in the Schedule.
Effective Date has the meaning set out in clause 2.1.
Eligible Purchase means a transaction for goods or services made using your PayPal Account that we may allow to be paid for using your Pay in 4 Facility. An Eligible Purchase does not include transactions for:
Initial Payment means 25% of the Transaction Amount.
Outstanding Balance means the amount owing under this Agreement at any time. The Outstanding Balance will reflect:
Pay in 4 Facility means the Pay in 4 Facility provided to you by PayPal under the terms of the Agreement.
PayPal, us or we means PayPal Credit Pty Ltd ACN 600 629 258.
PayPal Account means the PayPal account you hold with PayPal Australia Pty Limited (ABN 93 111 195 389) which is subject to the PayPal User Agreement.
Repayment Plan means the schedule of Repayments as agreed for each Approved Purchase in accordance with these Terms and Conditions.
Repayment Method means the credit card, debit card or bank account chosen by you and linked to your PayPal Account. This may include a PayPal Account balance or special funding arrangement, if available.
Repayment means an amount due under a Repayment Plan in accordance with clause 6.
Schedule means the Pay in 4 Facility Schedule.
Transaction Amount means the value of an Approved Purchase.
Transaction Date means the date of any Approved Purchase as detailed in the ‘Activity’ section of your PayPal Account.
A reference to ‘$’ in this Agreement is a reference to Australian Dollars (AUD).
Type of change | Notice we must provide to you |
Any change to Repayment Plans, including how they are calculated and when payments are due. | At least 20 days before the change |
Any change that reduces your obligations or extends time for payment. | As soon as reasonably practicable after the change takes effect. |
Any change to any fees or charges payable under this Agreement, including introducing a new fee or charge. | At least 20 days before the change. However, if the change is a reduction in the amount or time to pay the fee or charge, notice will be provided as soon as reasonably practicable after the change takes effect. |
Any change that reduces your Credit Limit | At least 20 days before the change. |
Any other changes to this Agreement. | At least 20 days before the change takes effect. |
Email: | auexecutiveescalations@paypal.com |
Phone: | 1800 073 263 (within Australia) or +61 2 8223 9500 Support Hours are available on our Contact Us page. |
Mail: | Customer Advocacy Manager PayPal Australia GPO Box 351 Sydney NSW 2001 |
Phone: | 1800 931 678 (free call) |
Website | www.afca.org.au. |
info@afca.org.au | |
Mail: | Australian Financial Complaints Authority GPO Box 3 Melbourne VIC 3001 |