PayPal Pay in 3 is PayPal’s buy now pay later service that lets you split your online shopping basket into three interest-free manageable payments.
PayPal says you can use PayPal Pay in 3 for eligible shopping cart amounts between £45 and £2,000 at most online retailers that accept PayPal.
How does PayPal Pay in 3 work?
At the checkout, just choose to pay with PayPal, log in to your PayPal account and you should then see PayPal Pay in 3 as one of the available payment methods. After selecting it, you can apply for a PayPal Pay in 3 plan, get an instant decision and finish checking out.
You’ll need to pay the first instalment at the time of purchase and then the two following payments will be on the same date in the two subsequent months.
Features of PayPal Pay in 3
No fees. As long as you make your payments in time, PayPal Pay in 3 is free to use. But if you’re late with a payment, you’ll be charged £12.
Zero interest. PayPal Pay in 3 doesn’t charge any interest on the total amount.
Automatic payments. The second and third instalments will be automatically taken each month from your bank account by PayPal Pay in 3.
Easy split. PayPal Pay in 3’s simple payment plan splits the total into three equal instalments.
Payment reminders. You’ll be sent an email or SMS reminder to let you know when your next payment is coming up.
Buyer Protection. You’ll be covered by PayPal Buyer Protection on eligible PayPal Pay in 3 purchases.
Multiple currencies. You can pay in all currencies that PayPal supports, not just GBP.
How much does PayPal Pay in 3 cost?
There are no fees for choosing to pay with PayPal’s buy now, pay later scheme. But if you’re late with a payment, you’ll be charged a £12 fee.
How do I sign up to buy now, pay later with PayPal?
First and foremost, your shopping cart will need to be between £45 and £2,000, and you’ll need a PayPal account to check out with.
Once you’ve logged in to PayPal, if PayPal Pay in 3 is available as a payment method, you’ll need to give your name, phone number, address, date of birth and your debit card information. You should know instantly whether you’re approved for financing.
How does PayPal Pay in 3 assess applications?
It assesses your financial position using a combination of the information in your application and information about your PayPal usage and history. If it needs more information, it may also run a credit check.
Can PayPal Pay in 3 affect my credit score?
Yes. PayPal says that, as a responsible lender, it will report a customer’s performance to credit reference agencies when necessary. So make sure you can keep up with repayments or it could affect your credit score.
What if I’m declined?
If you’re declined for PayPal Pay in 3, you can still use PayPal to check out with your debit or credit card. And if you want to re-apply, you’ll be able to do so 35 days after your last application.
Where can I shop with PayPal Pay in 3?
PayPal’s buy now pay later scheme is available to use at most merchants where PayPal is accepted.
You can also pay in any currency that PayPal supports, not just pound sterling. In these cases, PayPal will automatically convert the transaction amount to GBP at checkout before giving the PayPal Pay in 3 plan. You’re likely to also be charged a currency conversion fee.
Phizz 2-in-1 multivitamin hydration tablets contain 19 essential vitamins and minerals and hydrate you up to 3x faster than water alone. Use this exclusive discount code to get 20% off your order at Phizz! T&Cs apply.
From £109 instead of £249.95 for a refurbished Apple Watch Series 3 38mm or from £129 for a refurbished Apple Watch Series 3 42mm, choose from gold, silver or space grey and save up to 60%! T&Cs apply.
Yes, you can still apply for a refund when you use PayPal Pay in 3, and you’ll get a partial or full refund depending on how much of the order you’re returning. Partial refunds will lower the amount that you owe in the payments you have left. The refunded money will be paid to your PayPal account.
How do I contact customer service?
Log in to your PayPal account and send the team a direct message. Alternatively, contact the users in the PayPal online community or go to PayPal’s Resolution Centre if you have a transaction or account problem.
Where can I see how much I owe?
Log in to your PayPal account, go to PayPal Pay in 3 and click on the specific PayPal Pay in 3 plan you want to see. The amount you still owe will be under “Remaining”.
Can I make extra payments or pay the whole plan at once?
Yes. In your PayPal account, choose the PayPal Pay in 3 plan and click on “Make a Payment”. From there, you can make an unscheduled payment by clicking on either “Next Payment Due” or “Full Balance”.
Can I have multiple PayPal Pay in 3 plans at the same time?
Yes. You can track how much you owe on each plan through your PayPal account. It will also show any plans you have completed in the past 12 months.
Can I use PayPal Pay in 3 if I have PayPal Credit?
Yes, you can use both services. PayPal’s buy now pay later scheme is a separate feature from PayPal Credit.
Can I pause or suspend my PayPal Pay in 3 payments?
No. Once you agree to the terms of your PayPal Pay in 3 plan and your payments begin, the second and third payments will be taken automatically. PayPal will charge you £12 if you miss a payment.
Looking to shop this Black Friday but pay for your order later? Here are all the best Black Friday deals with Clearpay as a payment option at the checkout.
Looking to shop this Black Friday without breaking the bank? Here’s where you can buy now and pay later with some killer Black Friday deals and discounts.
Georgia-Rose is a publisher at Finder.com and specialises in all things shopping and travel. She has years of experience working in retail and tourism and as an avid budget traveller, she loves helping people find the best deals on everything from plane tickets to sunglasses.
When she's not jetting off somewhere new you'll find her watching cake videos or befriending stray cats.
Learn more about Novo Integrated Sciences’ recent performance and where you can invest in Novo Integrated Sciences shares. We also run through some helpful rules of thumb for any investor
The growth of cryptocurrencies like Bitcoin has caught the interest of UK investors, with 19% of Brits saying they have bought cryptocurrency at some point.
Learn more about Osprey Technology Acquisition’s recent performance and where you can invest in Osprey shares. We also run through some helpful rules of thumb for any investor.
Learn more about Churchill Capital IV’s recent performance and where you can invest in Churchill Capital IV. We also run through some helpful rules of thumb for any investor.
Learn more about Sunesis Pharmaceuticals’ recent performance and where you can invest in Sunesis shares. We also run through some helpful rules of thumb for any investor.
Learn more about Yunhong CTI’s recent performance and where you can invest in Yunhong shares. We also run through some helpful rules of thumb for any investor.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser Disclosure
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.