PayPal - Pay in 3

PayPal Pay in 3 is an interest-free loan that lets you split your purchase into 3 equal instalments.

You can use PayPal Pay in 3 on purchases from £30 to £2,000.

Just select PayPal at the payment screen during the checkout process and then choose Pay in 3 from the options. After selecting it, you can apply for a PayPal Pay in 3 plan in a few simple steps, get an instant decision and finish checking out. Please note that PayPal's decision making process is automated and that approval is based on their internal checks.

Your first payment is made when you make your purchase with the second an third payments being taken monthly on the same date.

Repayments are taken automatically from your PayPal account using the debit card or a bank account linked to your PayPal account. PayPal do not permit customers to make repayments using a credit card.

Your PayPal Pay in 3 plan lasts 2 months in total after the first initial payment.

There is no interest, fees or charges for choosing to pay with PayPal Pay in 3.

You may repay the amount you owe in full at any time, without any fees or charges.

PayPal Pay in 3 is only available to customers over 18 living in the United Kingdom (excluding Channel Islands and the Isle of Man).

PayPal may run a soft credit check with an external credit reference agency when you apply if they need more information to make their decision. This search will only be visible to you. If you decide to use PayPal Pay in 3, your repayment history will be shared with credit reference agencies to promote responsible lending.

PayPal Pay in 3 is an unregulated credit agreement, so you will have fewer protections under this agreement than you would under a regulated credit agreement. Carefully consider whether the purchase is affordable and how you will make the repayments. Be aware of the possible impact of using Pay in 3 and of missing payments, including making other borrowing more difficult or more expensive.

For more information regarding PayPal Pay in 3 please see PayPal's FAQs and T&Cs.

If at any point your financial circumstances change contact PayPal to discuss this by using their contact us page.

PayPal Pay in 3 is a trading name of PayPal UK Ltd Whittaker House, Whittaker Avenue, Richmond-Upon-Thames, Surrey, United Kingdom, TW9 1EH