Payment in 3 or 4 installments with Paypal - Les jardin d'Aissa

Payment in 3 or 4 installments with Paypal consists of dividing the total amount to be paid into several equal installments, which allows the payment to be spread over a given period. Generally, these repayments are made over a period of 3 months, but the duration can be shorter.

How payment in 4 installments works at PayPal ?
PayPal offers its customers the possibility of paying in 4 installments without additional costs. In this case, the total amount is spread over a period of 3 months. Payment in 4 installments with PayPal is available for purchases from 30 euros. To benefit from this, the customer must reside in France and their Paypal account must be associated with a verified bank account or a debit card valid for the duration of the reimbursements to be made.

The option will automatically appear for qualifying purchases if the customer is logged in to their account.

Fees associated with paying in installments
It is important to note that fees may be applied either for the provision of credit (in this case they must be negligible for credit which is exempt from the provisions of the Consumer Code), or in the event of late payment, or in both cases. These costs vary depending on the lender, so it is recommended to find out about these costs before signing up for a payment in 3 or 4 installments. PayPal does not charge any provisioning fees or late fees for payment in 4 installments.

Tips for using split payment sensibly
If split payment can allow you to better manage your budget, customer vigilance remains essential because it is a credit.

Here are some tips for responsible use of payment in 4 installments:

Estimate your budget:

Before opting for payment in 3 or 4 installments, you must assess your financial situation and check your ability to repay the credit. Financial planning can help you avoid decisions that would unnecessarily weigh on your budget.

Respect the reimbursement deadlines:

To avoid additional fees, it is imperative to pay each due date on time. It can be helpful to set up automatic payments or reminders to avoid forgetting. PayPal sends an automatic reminder email three days before a scheduled refund is due.

Spend reasonably:

Paying in installments provides flexibility, but this option should not encourage unnecessary or excessive spending.