For example, imagine you use PayPal Pay in 4 to make a $1,000 purchase from your favorite clothing retailer. You owe 25 percent of the balance ($250) when you check out.

PayPal Pay in 4 is PayPal’s buy now, pay later (BNPL) service for online shoppers. If you use this option at checkout, you can split your purchase into four equal payments with no interest or ...

PayPal Pay in 4 is an interest-free buy now, pay later service that lets you spread out the cost of an online purchase over six weeks.

For example, imagine you use PayPal Pay in 4 to make a $1,000 purchase from your favorite clothing retailer. You owe 25 percent of the balance ($250) when you check out.

In recent years, the rise of buy now, pay later services has made it easier to snag a purchase and pay it off in small, manageable installments. We’ve seen companies, including Affirm, Klarna ...

For example, Klarna offers an interest-free "Pay in 4" payment plan for purchases totaling between $35 and $2,000, which is similar to what Apple Pay Later offered.

To pay for online purchases using PayPal, the company lets you check out by logging in to your account and skip plugging in your financial, billing and shipping information on a retailer's site.

Learn how PayPal works, how it stacks up against the competition, and whether it's the best payment app for you.

Should You Use PayPal Pay in 4? If you’re looking to pay off an item over time, PayPal Pay in 4 could be a worthwhile option and an affordable alternative to credit cards.