What platforms offer installment payment plans?
Last updated January 30, 2025
- PayPal offers an installment payment option called PayPal Pay in 4, allowing U.S. customers to split eligible purchases into 4 equal, interest-free payments—with the first payment made at purchase and the remaining 3 due every two weeks—available at participating retailers and selected at checkout or through the PayPal account, while longer-term financing is available through PayPal Credit, which typically incurs interest. (Please note that PayPal will determine the customer's eligibility.)
- Shop Pay offers an installment payment option called Shop Pay Installments, allowing customers to split purchases into 4 equal, interest-free payments or choose longer-term financing with interest, available at participating Shopify merchants, and selected at checkout for convenient payment management.
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