Paypal Finance

Buy now and pay later with Pay in 3

Choose Pay in 3 at checkout where PayPal is available, and enjoy the power to split your purchase into three interest-free payments, with no set up fees or charges.* It’s a great way to help you stay in control of your budget.

Pay in 3: Easy as 1-2-3…

  1. Check out with PayPal
  2. Choose “Pay in 3” and complete your purchase.
  3. Make the first payment now, the rest in two payments every month on the same date.
Paypal Credit VS Pay in 3 Comparison
  PayPal Credit Pay in 3
Applying Apply just once and use it again and again Apply every time you use it
Interest Rate 0% interest for 4 months on all purchases £99+.2 Balances after this period or transactions under £99 are charged interest at the standard variable rate 0% interest on all purchases £30-£20003
Interest Rate No need for up-front payments. Enjoy our 0% for 4 months offer and repay flexibly, as long as you meet the minimum amount requirement4 0% interest on all purchases £30-£2000
Instalments Monthly instalments from 6-48 months available at selected online stores No longer term instalments available
Spending Limits No minimum spend and you can spend up to your approved credit limit Can only be used on purchases £30 - £2000, with elgibility asessed for each purpose
Fees Fees may apply for late payments and returned payments. No fees3

1 PayPal Credit is a revolving credit product and outside of offer periods would be a more expensive way to borrow large amounts over a long period.

2 The minimum payment due still applies to 0% offer balances. Any remaining balance due after the 4-month promotional period or any transactions under £99.00 will be charged interest at 23.9% p.a. (variable). In order to maintain the 0% offer, you need to keep up monthly repayments and stay within your credit limit.

3 Subject to status. Terms and Conditions apply. UK residents only. PayPal is a responsible lender. Pay in 3 performance may influence your credit score.

4 Except for offer balances during the offer period, if you do not pay off the whole balance owed every month, you will be charged interest, which could mean it will take you longer, and cost you more, to repay the full balance.

Shop your way with Pay in 3

It’s an interest free loan

With Pay in 3, there’s no interest and no set up fees.*

Get a decision in seconds

You won’t have to wait to see if you’re approved.

It’s backed by PayPal

Your purchases are covered by the same security and Buyer Protection you already enjoy from PayPal**.

Available on most baskets*

*You can use Pay in 3 on purchases £30 - £2,000 across our entire product range.

Frequently Asked Questions

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 possible impact to your credit score.

Will I be able to use PayPal Pay in 3?

We’re 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. We may also decide not to offer PayPal Pay in 3 as a payment option in certain circumstances, such as where our checks suggest an increased risk of fraud or where data we hold suggests you may not be eligible.

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 will be approved based on our internal checks.

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.

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
• Debit card information

How is my application for PayPal Pay in 3 assessed?

Our decision making process is automated. We 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.

Do I need to have a PayPal account?

Yes, however if you don’t have a PayPal account, you can create one as part of the PayPal Credit application.

Signing up for a PayPal account is free and easy; all you need to do is provide your email address, create a password and accept PayPal’s User Agreement.

Will applying for PayPal Pay in 3 impact my credit file?

If needed, PayPal will run a soft credit check with an external credit reference agency. This leaves no permanent mark on a customer’s credit record if they choose not to progress. However, if a customer decides to use Pay in 3, we will report their ongoing performance to credit reference agencies as we believe this promotes responsible lending. So, it’s important that you’re able to keep up your repayments and that you’re comfortable that they’re affordable.

Are there any fees associated with PayPal Pay in 3?

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

Terms and Conditions

PayPal Credit and PayPal Pay in 3 are trading names of PayPal UK Ltd, Whittaker House, Whittaker Avenue, Richmond-Upon-Thames, Surrey, United Kingdom, TW9 1EH. Terms and conditions apply. Credit subject to status, UK residents only, Scan Computers International Limited acts as a broker and offers finance from a restricted range of finance providers. PayPal Pay in 3 is not regulated by the Financial Conduct Authority. Pay in 3 eligibility is subject to status and approval. 18+. UK residents only. Pay in 3 is a form of credit. Check if affordable and how you will repay. May make other borrowing more difficult or expensive. See product terms for more details.