Installment payments

Boost sales with

PayPal Pay Later.

Get paid in full at checkout while giving your customers the flexibility to pay in installments over time with no late fees.

Sign UpContact Sales
Talk to an account specialist to get started, 1-855-787-1014.
A listing for noise cancelling headphones with option to Pay in 4; a listing for a modern chair with option to Pay Monthly

Why Pay Later is

good for business

Tap into our global network

Offer our 420M+ active accounts1 a flexible way to pay. In fact, 80M+ PayPal users globally are highly likely to be approved for Pay Later short term installment offers.2

Drive sales and order value

PayPal consumers who adopt BNPL solutions spend around 30% more with PayPal and are 10% less likely to churn.3

Get paid up front

We handle the billing and payment collection so you get paid in full up front. There’s no additional risk for your business.

Integrate effortlessly

Pay Later may be included with your PayPal Checkout integration, so getting started is simple.

PayPal Pay Later helps convert and increase average order value

Repeat users

67%
of Pay Later users in all markets are repeat buyers.4

Checkout conversion

62%
of PayPal purchasers say paying with Pay Later increased their likelihood to make a purchase.5

Preferred payment method

65%
of PayPal Pay Later users have abandoned a purchase because Pay Later options were not available at checkout.6

Drive conversion with Pay Later messaging

Automatically promote relevant Pay Later offers on your site at key points of the shopping journey. Customers are more likely to buy if they know they can pay in installments—so you’re more likely to make a sale.

6%
lift in sales after 3 months of adding Pay Later messaging for small and medium-sized businesses in the US.7
Add Pay Later Messaging

Simple integration

Pay Later messaging may be added through your eCommerce platform or custom site once you have PayPal Checkout.

Meet customers where they’re at

Dynamically present installment payment options based on product price while
customers shop.

Useful business insights

Get reports that show sales, average order value, and customer info from installment payment purchases.

Automatic updates

Once you enable dynamic messaging, new Pay Later options are automatically added at checkout when available.

How PayPal Pay Later works for your customers

Shoppers are presented with a Pay Later offer

Dynamic messaging will automatically show the appropriate Pay Later offer: Pay Monthly8 or Pay in 49

They choose Pay in 4

Customers make a down payment and then pay the balance in three bi-weekly, interest-free payments. You’ll get paid in full upfront.

Or they choose Pay Monthly

Customers apply and know within seconds if they’re approved for monthly payments at varying APRs. You’ll still get paid in full.

Easy to manage payments

Payments can be made automatically. Customers can review plan details online or in the app.

Installment payments are already available on these eCommerce platforms

Browse Solution Providers

Great for your customers and your bottom line

Compare our Pay Later features
For your business Pay in 4 Pay Monthly
Payment in full at checkout
Integration​ Included with PayPal Checkout Included with PayPal Checkout
Seller Protection10
Compare our Pay Later features
For your customers Pay in 4 Pay Monthly
Purchase amount Up to $1,500 $199 to $10,000
Number of payments 4 payments​ 3, 6, 12, or 24 payments​
Time between payments 1 down payment at purchase, and then every 2 weeks Monthly​
APR 0% 9.99% – ​35.99% APR based on the customer. Option to fund 0% APR campaigns for additional cost.
Repayment method​ Debit card, credit card or confirmed bank account Debit card or confirmed bank account
Purchase Protection​11

“Offering PayPal Pay Later was just an easy choice...it gives people the opportunity to get into our product without having to have all the cash up front.”

— Bryce and Tyler Koster, founders of splitboard bindings brand Karakoram

Read the article  

Steps to get

installment payments

1. Sign up

It all starts with a PayPal Business account. If you already have a Personal account, it's easy to upgrade or create a new Business account.

2. Set up PayPal Checkout

Connect your PayPal account to your ecommerce platform or code your custom PayPal Checkout. If you already have PayPal Checkout, make sure you’ve upgraded to the latest version.

3. Enable dynamic messaging

To show Pay Later promotional offers to shoppers while they browse your site, enable Pay Later messaging.

Frequently asked questions

More ways to accept payments

Online Checkout
 
POS System
 
Invoicing
 
QR Code
 
Recurring Payments
 
Virtual Terminal
 

We support businesses

just like yours

Every business needs a reliable partner. From secure payment processing to helpful business insights, we’re here for you.

Sign UpContact Sales
Images are for illustrative purposes only.
1
PayPal Earnings-Q2, 2024, based on PayPal internal data.
*Active accounts are accounts that have completed a transaction within the past 12 months.
2
Based on internal PayPal data, March 2024. Global Pay Later offers include Pay in 4 (US, AU), Pay in 3 (UK, IT, ES), and Paiement en 4x (FR).
3
PayPal Earnings- FY 2022, based on PayPal internal data and includes Australia, France, Germany, Italy, Spain, U.K., and U.S. and does not include Japan (Paidy).
4
PayPal internal data from August 2022 - December 2022.
5
Nielsen, commissioned by PayPal, Nielsen Attitudinal Survey of USA (June 2023) with 2,001 recent purchasers (past 4 weeks) from SMB merchants, including 643 PayPal transactions without BNPL & 357 PayPal transactions with BNPL.​ PayPal BNPL includes Pay Monthly & Pay In 4. PayPal without BNPL includes ‘pay full amount at time of purchase’ and ‘credit’ purchases.
6
Nielsen, commissioned by PayPal, Nielsen Attitudinal Survey of USA (June 2023) with 2,001 recent purchasers (past 4 weeks) from SMB merchants, including 1,000 PayPal transactions & 1,001 non-PayPal transactions.Base N. PayPal BNPL (Pay Monthly / Pay In 4) users in the last 12 months = 845.
7
Analysis of small medium business retailers with PayPal Pay Later messaging, PayPal internal data from October 2020 - August 2023.
8
Pay Monthly is subject to consumer credit approval. Term lengths and fixed APR of 9.99-35.99% vary based on the customer's creditworthiness. The lender for Pay Monthly is WebBank. PayPal, Inc. (NMLS #910457): RI Loan Broker Licensee. VT Loan Solicitation Licensee.
9
About Pay in 4: Loans to CA residents are made or arranged pursuant to a CA Financing Law License. PayPal, Inc. is a GA Installment Lender Licensee, NMLS #910457. RI Small Loan Lender Licensee.
10
Available on eligible purchases. Limits apply.
11
Purchase Protection is available on eligible purchases. Terms and limitations apply.