PayPal launches PayPal Pay in 4 service in Australia

Wednesday 14 July 2021 11:24 CET | News

PayPal has announced the launch of its PayPal Pay in 4 service in Australia.

The company informed that there will be no interest, no late payment fees, and no sign-up fees if customers use its four instalments option for purchases between USD 22 and USD 1116. Furthermore, PayPal has also dropped the minimum value for transactions from USD 37 to USD 22. The service will be available to PayPal Australia's more than 9 million active accounts.

The company stated that it would assess customers' ability to pay by using its own data and analytics engine, running credit checks with an outside credit bureau when required.

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Keywords: PayPal, BNPL, instalment payments, online payments
Categories: Payments & Commerce | Online Payments
Countries: Australia
This article is part of category

Payments & Commerce