PayPal Pay Later

Pay in 3 interest-free payments

Available on purchases from £30-£2,000, PayPal Pay Later allows you to pay in 3 interest-free payments with no sign-up fees or late fees.

Pay in 3 is a form of credit, so carefully consider whether the purchase is affordable and how you will make the repayments. Be aware of the possible impact of using Pay in 3 and of missing payments, including making other borrowing more difficult or more expensive. Pay in 3 eligibility is subject to status and approval. 18+ UK residents only. Available for purchases of £30 to £2,000. Terms and conditions apply. PayPal Pay in 3 is a trading name of PayPal UK Ltd, Whittaker House, Whittaker Avenue, Richmond-Upon-Thames, Surrey, United Kingdom, TW9 1EH.

1. What is PayPal Pay in 3?

PayPal Pay in 3 is an interest-free loan that lets you split your basket into 3 payments, with the first due at time of purchase and subsequent payments due every month on the same date. It’s a great way to spread the cost of larger items or to cover emergencies, and is a helpful tool to manage your budget more effectively. Please note that Pay in 3 is a form of credit, so carefully consider whether you can afford the repayments and be aware of the possible impact of missing payments, including making other borrowing more difficult or more expensive.

2. Will I be able to use PayPal Pay in 3?

PayPal is offering PayPal Pay in 3 to a growing number of our UK customers.

PayPal Pay in 3 is not available for certain merchants and goods. PayPal may also decide not to offer PayPal Pay in 3 as a payment option in certain circumstances, such as where PayPal’s checks suggest an increased risk of fraud or where data we hold suggests you may not be eligible. The checks PayPal run are with an external credit reference agency. This search will only be visible to you and will not affect your credit score.

If you choose PayPal Pay in 3 as your payment method when you check out with PayPal, you’ll be taken through the application process. You’ll get a decision instantly, but not everyone is approved based on the checks we carry out.

3. How long will my PayPal Pay in 3 plan last?

Your plan will last 2 months in total. The first payment will be due at the time of purchase, followed by 2 further payments due each month after that.

If you choose PayPal Pay in 3 as your payment method when you check out with PayPal, you’ll be taken through the application process. You’ll get a decision instantly, but not everyone is approved based on the checks PayPal carry out.

4. What information do I need to apply for PayPal Pay in 3?

To apply for PayPal Pay in 3, you’ll need to provide your:

• Title
• Phone number
• Address
• Date of birth
• Payment details

5. How is my application for PayPal Pay in 3 assessed?

PayPal’s decision-making process is automated. PayPal will assess your financial position using a combination of the information you provided within your application, and information about your usage and history with PayPal to decide whether PayPal Pay in 3 is suitable for you at this time. PayPal may also run a “soft” credit check with an external credit reference agency when you apply if PayPal needs more information to make its decision. This search will only be visible to you and will not affect your credit score.

5. How is my application for PayPal Pay in 3 assessed?

PayPal’s decision-making process is automated. PayPal will assess your financial position using a combination of the information you provided within your application, and information about your usage and history with PayPal to decide whether PayPal Pay in 3 is suitable for you at this time. PayPal may also run a “soft” credit check with an external credit reference agency when you apply if PayPal needs more information to make its decision. This search will only be visible to you and will not affect your credit score.

6. Are there any fees associated with PayPal Pay in 3?

There are no fees for choosing to pay with PayPal Pay in 3.

PayPal knows some customers may prefer not to see the Pay in 3 funding option within the PayPal checkout. If this includes you, you can contact PayPal and ask PayPal to change your account settings so that Pay in 3 is not shown. If you want to change this at a later date, you can contact PayPal and PayPal can change your settings to show Pay in 3 again.

PayPal knows that customers may choose to take this action for a variety of reasons. However, if you need further financial help and support, please refer to the PayPal FAQ titled “Where else can I go for financial help and support?“