How many times have you ever wanted to make a purchase and pay the amount in installments? Surely this is a great way to lighten expenses and make them less demanding, especially when it comes to big figures.
However, paying an amount in installments is not usually a simple operation, as there are several requirements that must be met. For this reason, especially young people, have difficulty in purchasing and, not being able to divide the amount, they give up the object of their interest.
Recently, PayPal has introduced a new feature that allows users to divide the amount to be spent in 3 installments , without interest and the need to comply with special requirements. This is an excellent feature that could help many users and we at ChimeraRevo, who have carried out several tests in this regard, can help you and make you understand how to pay in installments with Paypal .
How PayPal works
Content index
- Requirements and methods of Pay in 3 installments by PayPal
- How to pay in installments with PayPal
- What to do if the transaction fails
Requirements and methods of Pay in 3 installments by PayPal
As I mentioned earlier, the Pay in 3 installments feature of PayPal is really designed for anyone, as the requirements to be met are few and not binding.
But what is it specifically? Pay in 3 installments is nothing more than a loan thanks to which it is possible to pay in 3 installments and without interest any suitable purchase ranging from € 30 to € 2000. The first installment is paid when the order is sent, while the following installments are paid in the following two months.
Who can take advantage of this functionality? Pay in 3 installments is available for any natural person, adult and resident in Italy, who have a PayPal account. It is also necessary that the user has connected at least one debit or credit card, or a bank account (confirmed) to their PayPal account.
In any case, to get a complete picture of all the conditions relating to the PayPal service, I invite you to consult the official page , where you can extinguish any doubts you have about it.
How to pay in installments with PayPal
At this point, after having obtained all the necessary information on the service, you may be wondering how to proceed to pay in installments with PayPal. I assure you that the procedure to follow is extremely simple and will not take more than a few moments.
First, as mentioned a few lines ago, you must first make sure you have linked a debit / credit card or bank account to your PayPal account:
- Go to the official PayPal site or open the application, available for free for Android and iOS
- Log in by entering your account details
- Continue inside the Wallet section
- At this point, if you have not already done so, add the payment method by clicking on Connect a card or on Connect a bank account
Subsequently, you can proceed with the purchase:
- On the payment screen on the site of your interest, select PayPal (obviously if available)
- At this point, you will be directed to the official PayPal site, where you will have to select the payment method
- What you have to do, therefore, is to select the Pay in 3 installments option by clicking on it (a preview of the installments will also be shown)
- Then, you just have to enter your tax code and that’s it!
What to do if the transaction fails
Although the service is well done and reliable, it may happen that the transaction fails, for various reasons. Unfortunately, if this problem happens to you, you may not see the Pay in 3 installments option in subsequent transactions.
You can rest assured, however, as it is a procedure implemented by PayPal itself for security reasons . In fact, in the event of a denied transaction, the functionality will be unavailable for the next 72 hours , at the end of which the user can make a new purchase and choose to pay the amount in 3 installments, without any interest.
