PayPal Pay in 4 is a digital BNPL product, available everywhere online you can pay with PayPal.
If you have a PayPal account in good standing, you can then select the Pay in 4 option from your wallet at checkout. Under other circumstances, you will need to apply for Pay in 4, but decisions are instant.
No, PayPal Pay in 4 does not charge late fees. It advises that if you know that you will not make a scheduled payment, contact PayPal in advance.
If you miss a Pay in 4 payment instalment, the PayPal BNPL option will no longer be available. It remains frozen until the balance is paid. In more extreme cases where a balance remains unpaid for a long time, you may lose the ability to use other PayPal services.
Its free to create a PayPal account – Create one now https://www.paypal.com/au/webapps/mpp/account-selection
Learn more here about Pay in 4 here