Paypal is one of the best alternatives we have when making purchases online, since we are talking about an application that stands out, mainly, for its security and reliability. Thanks to this payment application we can pay (and collect) users from any corner of the world, so it is not surprising that we are facing one of the most popular applications today. Paypal is not only an ideal solution for both individuals and professionals, given that the vast majority of online stores and businesses offer this payment method.
Among the main advantages that we would highlight of Paypal is that it is not necessary to share our bank details with the seller, since Paypal, broadly speaking, acts as an intermediary between the seller and our bank account. Furthermore, another of the most notable options of this application is that it allows us to request a refund if we are not satisfied with the purchase made, this being the main reason why more and more people have this application. In essence, if you do not want to run the risk of being scammed when purchasing online, you should know that Paypal is one of the best alternatives you have at your disposal.
One of the main novelties that Paypal offers us is the possibility of paying in installments, a very useful alternative for those purchases of items that have a high price, since the application will allow us to split the payment for greater convenience.
What is Paypal installment payment?
The option of pay in installments in Paypal It is an alternative that the application itself offers us, that is, it does not depend on the online store in which we are going to make the purchase. In other words, when we make the purchase, Paypal will pay the amount to the seller, while we will have the obligation to pay the entire amount in installments, with the characteristic that we will only be able to establish three payments. That is, if we buy an item for €1.000, we would pay €333,33 each month, since the payment for each installment will be monthly. It is important to clarify that this service is of no interest. Interesting, right?
Another detail that we must take into account is that this split payment option will be available for those purchases that range between €30 and €2.000, so that if we buy an item that does not fall within this price range we will not be able to use this option offered by the application. It is evident that the alternative of paying in installments with Paypal will have an excellent claim from the users of this application, since this is a very interesting advantage that is worth trying.
How to make payment in installments in Paypal?
The first thing we must know if we want to pay in installments in Paypal It is not necessary to activate anything, since it is an option that is included in the application. Once this detail is known, we will get into the matter by explaining what the process of paying in installments in Paypal is like, this being a process that is as simple as it is intuitive and fast. When we buy an item in an online store and select Paypal as the payment method, a window opens with this application, from where we will have to confirm the purchase we are going to make. Well, on this same screen the "Pay in 3 installments" tab will appear, this being the option that we will have to select if we want the payment in installments. Next, the corresponding amount that we will have to pay will appear on the screen as well as the date on which the payment will be made effective.
At the time of purchase we will have to pay the first installment, that is, one third of the price of the item, while in the following two remaining months we will have to pay the remaining amount. It is clear that the alternative of paying in installments with Paypal is one of the most important news that this well-known application offers us, so it is expected that many users will take advantage of this novelty when purchasing all types of items and products. via Internet.
If you still do not have Paypal, you should know that you can download this application for free, being an app that is compatible on both Android and iOS, as well as having a desktop version.
Commissions in Paypal
All types of transactions that are not as friends in Paypal have their cost and in order to calculate it, you can see the Paypal commission cost in dollars or in euros at this link.
