Buy Now Pay Later with PayPal

PayPal offers short-term, interest-free payments, longer-term, monthly installments, and other special financing options that buyers can use to buy now and pay later. Pay Later is included with the standard PayPal Checkout. However, specific Pay Later offers differ by country.


Pay Later includes the following:

  • Eligible US buyers can pay in four interest-free payments for purchases of $30 to $1,500.
  • For smaller purchases
  • 4 payments over 6 weeks
  • No late fees and sign-up fees; interest free
  • Backed by PayPal Buyer Protection

Pay Monthly

  • Eligible US buyers can pay in 6, 12, or 24 monthly installments for purchases of $199 to $10,000.
  • For larger purchases
  • No late fees and sign-up fees
  • Interest fee from 0% to 29.99%
  • Backed by PayPal Buyer Protection

Compare Pay Later Products

Pay in 41

Pay Monthly2

Purchase Amount

$30 to $1,500

$199 to $10,000

Number of payments

4 interest-free payments

6, 12, or 24 payments

Time between payments

Bi-weekly (1 down payment & 3 payments)




0% to 29.99%

Repayment method

Debit card, credit card, or confirmed bank account

Debit card or confirmed bank account

Purchase Protection3



Sign-up and late fees



Autopay available

Automatically enrolled at time of purchase

Enroll in autopay at time of purchase or any time after

  • No interest fee if paid full in 6 months on purchases of $99+
  • Reusable credit line
  • Apply in seconds. If approved, PayPal Credit will be instantly added to your PayPal wallet
  • No annual fee
  • Hassle free check-out backed by PayPal Purchase Protection

Check out now! Pay Later

How it Works? 

1. Choose PayPal at checkout then select Pay Later before picking a payment plan.

2. Get a decision in seconds and choose the installment plan that works for you.

3. Make the remaining payments in the app or online with the ease of autopay.


Other Payment Options Available