Pay in 4 is a feature that lets you split your purchase into 4 payments, with the down payment due at the time of transaction and 3 subsequent payments made every 2 weeks thereafter.
Will I be able to use Pay in 4?
We are offering Pay in 4 to a growing number of our US customers. Availability depends on your state of residence and you must be at least 18 years of age (or the age of majority in your state) to apply. You must also have a PayPal account in good standing or open a PayPal account in order to apply.
Pay in 4 is not available for certain merchants and goods. If you choose Pay in 4 as your payment method when you check out with PayPal, you will be taken through the application process. You will get a decision instantly but not everyone will be approved based on our internal checks.
How can I pay with Pay in 4?
Just choose to pay with PayPal when you shop online and if it is an eligible transaction, you will see Pay in 4 as one of the available payment methods. Simply apply for a Pay in 4 plan in just a few steps, get an instant decision, and finish checking out.
What purchase amounts qualify for Pay in 4?
You can use Pay in 4 for eligible shopping cart values between $30 to $1,500.
What are the terms and conditions for my Pay in 4 plan?
You must read the loan agreement of your Pay in 4 plan before you submit your application. You will see the link to the loan agreement when you choose to apply for Pay in 4 at checkout. You will also have the option to download the loan agreement.
Once your plan starts, we will send you an email containing important information about your Pay in 4 plan, including how to locate your loan agreement.
Are there any fees associated with Pay in 4?
There are no fees for choosing to pay with Pay in 4.
How long will my Pay in 4 plan last?
Your individual plan will last a little over 6 weeks in total. The down payment will be due at the time of the transaction and 3 subsequent payments will be taken every 15 days thereafter.
www.paypal.com
All About our Installment Options
What is Sezzle?
Sezzle is a payment solution that gives you the freedom to buy now and pay later - with no interest!
When you place an order through Sezzle, our unique approvals system reviews your account to determine what sort of repayment plan we can offer. In most cases, it's 25% of the order total due up-front (also called your "downpayment" or "first installment"), with the remaining amount divided up across three more installments, each due two weeks apart. No interest, no up-front or hidden fees. In fact, as long as you pay off your installments on time, there are no fees at all!
When your order is placed, Sezzle pays the merchant in full for the order immediately—so the merchant has their funds and is able to process your order just like if you had paid them in full with a credit card! This isn't layaway, so the merchant fulfills your order within their normal shipping and processing times.
Our checkout is straightforward - simply shop at a merchant that offers Sezzle, select "Sezzle" at checkout, and we walk you through the rest of the process.
What's the catch?
There's no catch. We don't charge interest, and we only charge fees if a payment fails or you need to adjust the date of your payments more than once per order. We also only run a soft credit check (or "soft inquiry"), so there's no negative hit to your credit score.
Getting started
If that all sounds great to you (and we hope it does), there are a few requirements to get started shopping with Sezzle:
- Be 18 years of age or older
- Have a US or Canadian phone number that can receive texts
- Have a working email address
- Have a non-prepaid payment method available
- For shoppers in the US and Canada, this can be a debit card or a credit card
*Please note: bank accounts cannot be used to create a Sezzle account, nor to place orders, but can be set as default payment methods for further scheduled installments.
What is Shop Pay?
Shop Pay offers you the option to pay in full at checkout, or to split your purchase into 4 equal installment payments. You can't adjust the number of installment payments or the price range available for Shop Pay Installments.
You have the option to pay for orders between $50 and $3,000 USD, including discounts, shipping and taxes, in 4 installments. To use Shop Pay Installments, your shipping address needs to be in the United States.
Fees or penalties
There are no additional charges, interest rates, or late fees. You can pay your balance off early without penalty. However, if you make a partial payment or late payment, then future applications to use Shop Pay Installments might be affected.
Credit scores and eligibility
Your credit scores aren't affected if you use Shop Pay Installments. However, if you don’t pay an installment, or you make a late payment, then your eligibility for making purchases using Shop Pay Installments in the future might be affected.
https://shoppay.affirm.com/