In the fast-advanced world we are in right now, payment methods keep on adding day after day. With different people and diverse ideas, we keep on finding new ways to complete payments both offline and online.
And even the current payment apps or payment platforms that already exist also remove new ways to make their platform easy and best for everyone around the globe.
And when we talk of this, we also think of the new PayPal's Pay in 4 feature that is also making sending and receiving money even better. This buy now, pay later (BNPL) solution allows customers to split their purchases into four interest-free payments, making it easier to manage budgets without the burden of upfront costs.
However, if you are among the people that use this option, one question will always arise, which is, "Who accepts PayPal's Pay in 4 service?"
Well, if that is your burden, then this article is the perfect fit for you since we will be exploring and bringing out the platforms that accept and work with this PayPal's Pay in 4 service.
Where and How Can I Use PayPal Pay in 4?
Understanding PayPal Pay in 4
PayPal Pay in 4 enables customers to divide their total purchase amount into four equal installments, with the first payment due at checkout.
The remaining payments are automatically deducted every two weeks, allowing consumers to spread their expenses over a short period without incurring interest.
This service is particularly appealing to those looking to make larger purchases while maintaining cash flow.
How it works
First of all, to use PayPal Pay in 4, you need to have a PayPal account and meet certain credit criteria. You have to be 18 years or above. And when you choose to use this service at checkout, PayPal will perform a quick assessment to determine if you're eligible (so that it does not affect your credit score).
When making a purchase at an eligible retailer, select PayPal as your payment method and choose the “Pay in 4” option at checkout.
PayPal will divide your total purchase amount into four equal payments. The first payment is made at the time of purchase, and the remaining three payments are automatically charged to your linked payment method (like a debit or credit card) every two weeks.
Retailers That Accept PayPal Pay in 4
1. E-commerce Platforms
Many online retailers have embraced PayPal Pay in 4 as a payment option. Major e-commerce sites, including:
- Amazon (through PayPal integration)
- eBay
- Walmart
- Target
These platforms offer a wide range of products, from electronics to home goods, making it easy for customers to use Pay in 4 for various purchases.
2. Fashion and Apparel Stores
The fashion industry has seen significant adoption of PayPal Pay in 4. Retailers like:
- Zappos
- ASOS
- Forever 21
- Macy's
These stores allow customers to spread the cost of clothing and accessories, making it easier to shop for seasonal trends or special occasions.
3. Travel and Hospitality
Travel bookings can be expensive, and PayPal Pay in 4 offers a way to manage costs. Airlines, hotels, and travel agencies such as:
- Expedia
- Booking.com
- Airbnb
These platforms enable travelers to book accommodations and flights while paying in installments, alleviating the financial pressure of upfront payments.
4. Health and Wellness
The health and wellness sector has also started to adopt PayPal Pay in 4. Retailers that sell fitness equipment, supplements, and wellness products, like:
- GNC
- Bodybuilding.com
- Fitness Superstore
These stores provide consumers with the option to invest in health-related purchases without the strain of immediate full payment.
5. Home Improvement and Furniture
Home improvement projects can be costly, and many retailers in this sector accept PayPal Pay in 4. Stores such as:
- Home Depot
- Lowe's
- Wayfair
These retailers allow customers to finance larger purchases, making it easier to tackle home renovations or furnishing needs.
6. Electronics and Gadgets
Tech enthusiasts can also benefit from PayPal Pay in 4 when shopping for electronics. Retailers like:
- Best Buy
- Newegg
- B&H Photo Video
These stores provide the flexibility to purchase the latest gadgets while managing payments effectively.
How to Use PayPal Pay in 4
To use PayPal's Pay in 4 option, it is quite easy. Just follow the steps below;
The first thing is to login to your PayPal account. But if you don't have an account, you should create one.
After that, you should go to an online or physical retailer shop and shop normally as you would shop by adding your items to your cart and then paying.
When it's time for payment, you choose PayPal as the payment option. And during the payment process, you choose Pay in 4 as the payment means (if you do not see the Pay in 4 option, then you are not eligible to use this feature, and you might just have to use a different method).
When you choose the Pay in 4 option, you will see the division of the funds into 4, and you check and be sure you are okay with the conditions and the terms before accepting.
If you are okay with everything, then you can accept the payment, and that's it with payment at retailer shops with PayPal's Pay in 4 service.
Note that: if you are not eligible for this feature, then you won't be able to access this option or this feature of PayPal. And so, make sure you are eligible before thinking of using this feature.
How to get approved for PayPal Pay in 4
Getting approved for PayPal Pay in 4 involves a few key steps. While the exact requirements can vary, here's a general guide that can help you understand how to qualify for this buy now, pay later service:
First of all, ensure you have a PayPal account. If you don’t have one, you'll need to sign up for a PayPal account on their website or app.
Currently, Pay in 4 is mostly available to residents in the United States. Make sure you’re located in an eligible region.
When creating a PayPal account or during the checkout process, ensure that you provide accurate personal and financial information, including your name, address, date of birth, and Social Security Number (the last four digits).
A moderate credit score is typically sufficient when considering PayPal Pay in 4 eligibility, but it varies by application. You can check your credit score through various free services.
PayPal Pay in 4 usually has a minimum and maximum purchase amount. Ensure that your desired purchase falls within these limits (usually a minimum of $30 and a maximum of $1,500, though this can vary).
During checkout at an eligible retailer, select PayPal Pay in 4 as your payment method. PayPal will perform a quick credit assessment (it’s typically a soft credit check, which won’t affect your score) to determine your eligibility.
If approved, you will see the Pay in 4 payment option along with the payment plan breakdown (first payment, remaining payments, etc.). However, too many recent credit inquiries can negatively impact your credit score.
Remember, even if initially declined, you may be eligible for Pay in 4 on other purchases, as approvals can vary depending on the transaction and other factors.
Final Thoughts on Using PayPal's Pay in 4 Payment Option
PayPal Pay in 4 is a versatile payment option accepted by a wide variety of retailers across multiple industries, including e-commerce, fashion, travel, health, home improvement, and electronics.
By understanding who accepts this payment method, consumers can take advantage of the flexibility it offers, making it easier to budget for both everyday purchases and larger investments.
As more retailers adopt PayPal Pay in 4, the opportunity for shoppers to manage their finances while enjoying the convenience of modern shopping continues to grow. Embrace the benefits of this payment solution and explore the many retailers that support it for a more manageable shopping experience.