PayPal Credit is a PayPal service that gives your customers access to No Payments and No Interest if paid in full in 6 months on purchases of $99 or more.
Think of it as a secure, instant and reusable credit line your customers can use at checkout when they pay with their PayPal account and choose PayPal Credit, as long as you have a qualifying PayPal payment product. If they haven't already, your customers can apply during checkout by simply entering their birth date and the last 4 digits of their Social Security number, then accepting the terms. They'll get an approval decision in seconds. PayPal Credit is subject to credit approval and offered by Comenity Capital Bank.
To apply, simply enter your birth date and the last 4 digits of your Social Security number, then accept the terms. You’ll get an approval decision in seconds. Bill Me Later is subject to credit approval and offered by WebBank in Salt Lake City, Utah.
Some Reasons Why Customers Use Bill Me Later
How it Works
After customers open their accounts, Bill Me Later asks customers at every purchase to fill out the last 4 digits of their SSN and their date of birth so security is no issue. The approved customer can then pay the bill by mail, phone or online at www.billmelater.com. Bill Me Later accounts can be linked with PayPal accounts by visiting https://billmelater.com/linkpaypal. Once the Bill Me Later account is linked to PayPal, it becomes a funding option within the PayPal account and gives the option to pay off the Bill Me Later balance. Customers also get an email whenever they are declined. In cases when they are declined and they don’t receive declined email/letter, they can contact Bill Me Later Customer Service to check if it was not a system issue or another problem. Bill Me Later isn’t a credit card but a revolving line of credit offered by WebBank in Salt Lake City, Utah. Although, the company will charge late payments just like a credit card company.
Easy Financing Process - The entire process is usually completed in less than 3-4 business days.