How do I enable Pay Later on PayPal?

Enabling PayPal Pay Later for Your Business

PayPal Pay Later, a service allowing customers to pay for purchases in installments, can significantly boost sales for businesses. To enable this feature for your customers, you need to activate it within your PayPal account settings. This process isn’t overly complex, but it does require navigating specific menus.

Step-by-Step Guide to Activating PayPal Pay Later

The exact path to enabling Pay Later might vary slightly depending on the specific version of PayPal you use, but the core principle remains the same. Locate your PayPal account settings. You’ll typically find this option in the main navigation menu, often labelled “Settings,” “Account,” or a similar designation.

Once inside your account settings, look for a section dedicated to “Payments,” “Payment Methods,” or a similarly descriptive title. This is where you manage various payment options for your business.

Within the payments section, you’ll find settings specific to the payment gateway your business uses (either Braintree or PayPal). Navigating to these gateway-specific settings is crucial.

Crucially, inside these gateway settings, you’ll find a toggle or checkbox specifically for enabling PayPal Pay Later. Locate this option and check the box. This action signifies that you want your business to offer this payment method to customers.

Important Considerations

• Account Requirements: PayPal Pay Later isn’t universally available to all businesses. Verify that your account meets the necessary requirements before proceeding. This may involve adherence to certain seller policies or minimum transaction thresholds. Check PayPal’s specific documentation for the most up-to-date requirements.
• Merchant Category: Ensure that your business type and offerings align with PayPal’s guidelines for using the Pay Later feature. Some product categories might not be eligible.
• Customer Experience: Enabling Pay Later enhances your customer experience. However, remember to clearly communicate the terms and conditions of this payment option to your customers.

By following these steps, you can effortlessly integrate PayPal Pay Later into your business’s checkout process, creating a potentially more appealing payment option for your customers. Remember to review PayPal’s support documentation for the most precise and current instructions specific to your account and software version.