Using PayPal Credit for installment payments can help you spread your payments over time. Here are the detailed steps, starting from registering an account:
Step 1: Register or Log in to your PayPal Account:
If you already have a PayPal account, log in. If not, you need to create a PayPal account.
1.1. Visit the PayPal official website: https://www.paypal.com.
1.2. Click on “Sign Up” or “Sign Up for Free.”
1.3. Fill in the required personal information, including email address, password, and other necessary details.
Step 2: Apply for PayPal Credit:
2.1. Log in to your PayPal account.
2.2. In the top navigation bar, find and click on “PayPal Credit.”
2.3. On the “PayPal Credit” page, you’ll see information about PayPal Credit. Click on “Apply Now.”
2.4. Follow the instructions to provide necessary information, including personal details and address. Note that applying for PayPal Credit involves a credit check.
2.5. After submitting the application, wait for PayPal’s review. You’ll usually receive the application decision within minutes. If approved, you’ll see PayPal Credit in your PayPal account.
Step 3: Use PayPal Credit for Installment Payments:
3.1. In an online store where you want to make a purchase, select the items and add them to your cart.
3.2. Proceed to the cart page and choose “Checkout” or a similar option.
3.3. On the checkout page, select PayPal as your payment method.
3.4. Log in to your PayPal account.
3.5. On the payment page, you’ll see an option for “Pay with PayPal Credit.” Choose this option.
3.6. Enter the amount you want to split into installment payments using PayPal Credit. You can usually select different installment options, such as 6 months, 12 months, etc.
3.7. Follow the instructions to complete the payment process. This might involve confirming the order, selecting the shipping address, etc.
3.8. Once the payment is complete, your purchase amount will be divided into the selected number of installments, with monthly payments.
Please note that using PayPal Credit for installment payments may involve interest and other fees. Be sure to review PayPal Credit’s terms and conditions before using it.
Remember that procedures may vary by country or region, so make sure to follow the relevant steps and regulations in your country or region when registering, applying, and using PayPal Credit.
