PayPal Installment Payment
PayPal offers short-term, interest-free payments and other special financing options where you can buy now and pay later. PayPal Checkout includes a "pay later" offer at no extra cost to you.
The pay later offer includes:
Eligible U.S. buyers can use it to pay for purchases in four interest-free installments.(This feature is only available for orders over $30)
A PayPal line of credit is a revolving line of credit that you can use to make payments over time.
When eligible, your existing PayPal button will change to display the new Pay Later button. When you choose Pay Later, they have the flexibility to pay, buy now, pay later.
Pay Later messages help you get the most from PayPal's Buy Now, Pay Later offers.