Paypal what is bill me later

Enter your date of birth and the last four digits of your social security number. Wait for PayPal to finish checking your credit, which takes only a few seconds according to the Bill Me Later website.

Purchase an item using the Bill Me Later service. And for the first time, PayPal is also publicizing its products to mainstream consumers you may have noticed its recent wave of TV commercials. At a press luncheon today, PayPal representatives said the new focus on PayPal Credit can increase engagement with customers and potentially boost sales. For businesses, PayPal credit gives them a simple way to offer financing options to customers without collecting loads of personal information and being thrown into potentially uncomfortable conversations.

And while PayPal Credit makes it easier for consumers to get credit, the Working Capital program similarly simplifies the process of getting a loan for businesses. With no card numbers or expiration dates, check out anywhere PayPal is accepted in just a few clicks. The convenience of buying now and paying over time has the added benefit of no annual fee. See Terms and Conditions. If you have a current PayPal Credit account that is not linked to an account with PayPal, you need to link your accounts to enjoy all the benefits of PayPal.

Link My Accounts. Access your PayPal Credit account at any time online or manage your account on the go with the PayPal mobile app. Conveniently make or schedule payments from your account with PayPal. The statement provides you with information about how much you spent, what your interest rate is and when your payment is due. At the time of publication, the interest rate on the account is similar to credit card interest at around Paypal Credit is convenient for online shoppers who do not have a credit card or need more credit to make a purchase.

This service also is valuable because it offers no fraud liability for its customers. No one else can make unauthorized purchases on your account. If unauthorized activity appears on your account, you will not be held responsible for the charges.