PayPal Credit, formerly known as Bill Me Later, is a reusable credit line that can be used to finance purchases and pay them back over time. It allows you to checkout faster online and pay no interest if the purchase balance is paid in full within 6 months. However, many users have trouble figuring out how to access their PayPal Credit account and make payments after it transitioned from Bill Me Later. This comprehensive guide will walk you through the various ways to pay your PayPal Credit bill online, by phone, or by mail.
Overview of PayPal Credit (Bill Me Later)
PayPal Credit works similarly to a credit card – you get a credit limit, can use it to make purchases interest-free if paid in full in 6 months, and have a minimum monthly payment. It’s an online credit line fully integrated into your PayPal wallet.
Some key things to know about PayPal Credit:
- Instantly approved line of credit from $250-$10,000+ based on creditworthiness
- No annual fee
- 6 months special financing – No Interest if paid in full in 6 months on $149+ purchases
- Fast and secure digital checkout using your PayPal wallet
- PayPal Purchase Protection on eligible purchases
- Accessible through desktop, app, and mobile web
When PayPal acquired Bill Me Later in 2008 it eventually rebranded it as PayPal Credit in 2018. However, this transition has caused significant confusion for existing users trying to access their accounts and make payments.
The account numbers changed, login process changed, and links to make payments were broken. Many users faced problems like:
- Unable to view Bill Me Later statements in PayPal Credit
- Can’t find account number to pay by mail/bank
- Links to pay online lead back to PayPal instead of PayPal Credit
- Customer service unable to resolve issues
This forced users to pay late fees and damaged the customer experience. Thankfully, there are solutions to ensure you can successfully pay your PayPal Credit bill on time.
How to Pay Your PayPal Credit Bill Online
Paying your PayPal Credit bill online is the fastest way to avoid late fees There are two main options – through your PayPal account wallet or directly via the PayPal Credit website
Option 1: Pay via PayPal Account
If your PayPal account is linked to your PayPal Credit account, you can make payments directly from your PayPal wallet.
Follow these steps:
- Log into your PayPal account
- Click on your profile icon and select “My Money”
- Scroll down and click “Update” next to PayPal Credit
- Click “Make a Payment”
- Enter payment amount and submit
This will instantly transfer funds from your PayPal balance or linked bank account to make the payment.
Option 2: Pay Directly on PayPal Credit
If your PayPal Credit is not linked to a PayPal account, you’ll need to pay directly on the PayPal Credit website.
Follow these steps:
- Go to www.paypalcredit.com and click “Make a Payment”
- Login with your PayPal Credit account credentials
- Choose a payment method – bank account or debit card
- Enter payment details and submit
The payment will be processed instantly if you used a debit card or within 1-2 business days for a bank account.
How to Pay Your PayPal Credit Bill by Phone
You can also make a payment by calling PayPal Credit customer support directly at (866-528-3733). The automated system will guide you through the steps.
To pay by phone
- Call (866) 528-3733
- Follow prompts to login with account number or social security number
- Select “Make a Payment” from menu
- Choose payment method – debit card, bank account, or PayPal balance
- Enter payment details and submit
Phone payments are fastest when using a debit card on file. Bank account payments take 1-2 days to process.
How to Pay Your PayPal Credit Bill by Mail
If you prefer to pay your bill by physical check, you can mail in a payment to:
PayPal Credit
PO Box 105658
Atlanta, GA 30348-5658
Be sure to include your:
- PayPal Credit account number
- Payment amount
- Current billing address
You can find your account number on any PayPal Credit statement.
Allow at least 5-7 business days for mailed payments to be processed and avoid paying late.
Tips for Hassle-Free PayPal Credit Payments
Based on common issues users have paying their PayPal Credit bills, here are some tips:
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Link your PayPal Credit account to your PayPal wallet to enable easy one-click payments.
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Pay a few days before the due date to account for processing times.
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Avoid using Firefox browser which has issues on PayPal Credit site.
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Save your PayPal Credit account number to easily reference it for mailed payments.
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Contact customer support if your payment isn’t processing – don’t wait!
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Set up autopay or calendar reminders to never miss a payment.
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If autopay fails, have a backup payment method like a debit card or linked bank account.
Following these tips will help ensure you maximize the benefits of your PayPal Credit account and avoid unnecessary fees.
PayPal Credit Payment Methods
- PayPal balance – Instant transfer; must have PayPal account linked
- Debit/credit card – Instant payment but 2.9% fee applies
- Bank account – Free but takes 1-2 days to process
- Check/money order – Free but need to mail and wait 5-7 days
- PayPal Credit phone payments – Use debit card or bank account
PayPal Credit does not accept credit card or PayPal Credit payments directly. Debit card is the fastest option with an online or phone payment. Otherwise linking a bank account enables free 1-2 day payments.
What to Do if You Have Payment Issues
Despite the various payment options, you may still run into problems making PayPal Credit payments on time. Here is what you can do:
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Restart your browser or try a different browser – Certain browsers like Firefox may have technical issues.
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Call customer support – Explain the payment issue and they can walk through solutions or submit the payment manually.
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Escalate to supervisor – If first rep can’t solve it, request their supervisor for specialized help.
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Pay by alternate method – Try paying directly on website, via phone, or mailing a check as alternate options.
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Request late fee refund – If you tried paying on time but encountered issues, you can request a one-time refund of the late fee.
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Complain on social media – As a last resort, try Tweeting @AskPayPal or posting on Facebook to get their public team involved.
Persistence is key when dealing with PayPal Credit payment problems. Keep trying different payment methods and avenues for assistance until your payment goes through before the due date.
Pros and Cons of PayPal Credit
PayPal Credit delivers some nice benefits as an instant reusable line of credit, but also comes with a few drawbacks to consider:
Pros
- Interest-free financing on purchases $149+ when paid in 6 months
- No annual fee or pre-set spending limit
- Quick access to credit line for financing large purchases
- Buyer & seller protection with PayPal purchases
- Easy digital payments through PayPal wallet
Cons
- Late fees if minimum payment is missed
- Deferred interest kicks in if balance not paid in 6 months
- Can only pay by linking bank account – no credit card payments
- Customer service has long waits and unclear answers
The pros generally outweigh the cons if you pay on time and take advantage of the 6 months special financing offers. However, it does require financially responsible behavior.
Is PayPal Credit Right for You?
PayPal Credit delivers the most value for certain types of shoppers and situations:
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Occasional big purchases – It’s ideal to finance large purchases you want to pay off in 6 months interest-free.
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First time borrowers – The easy approval and lack of impact on credit if declined makes it friendly for first-timers.
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Infrequent shoppers – Since there’s no annual fee or required purchases, it works for infrequent spending.
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PayPal power users – Heavy PayPal users get seamless integration with their wallet and checkout.
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Buy now, pay later – The 6 month financing means you don’t have to wait and save up to buy things now.
However, PayPal Credit may not be the best fit if you:
- Carry balances month-to-month
- Make frequent late payments
- Don’t use PayPal frequently
We’ve got your back
Check out confidently and securely with PayPal Credit.
Youre covered by PayPal for eligible purchases you dont receive or if something shows up significantly different than described.3 Terms and limitations apply
Get some financial relief in the case of disability, hospitalization, unemployment, and other covered events. Terms apply.4
Buy now. Pay over time.
Shop with PayPal Credit’s digital, reusable credit line to get No Interest if paid in full in 6 months on purchases of $149 or more.1 Plus, no impact to your credit score if declined.2
Affirm How It Works | Buy Now Pay Later App
FAQ
How do I pay my PayLater bill?
What is a bill me later account?
How to enable PayPal Pay Later?
Is bill me later the same as PayPal Credit?
Is Bill Me Later a credit card?
Another option available with some merchants is called “Bill Me Later,” which has recently changed its name to Paypal Credit. This is similar to a credit card, in that you get to open a credit line when you make a purchase. Unlike with a credit card, with Paypal Credit, you do not have to deal with opening a new account. What is Bill Me Later?
What is Bill Me Later?
Bill Me Later is a company associated with PayPal, and is effectively a form of Paypal credit – hence the recent name change. It is a payment method available at more than 1,000 online merchants. When you want to use Bill Me Later, you simply select this option when you check out online.
How do I use Bill Me Later?
It is a payment method available at more than 1,000 online merchants. When you want to use Bill Me Later, you simply select this option when you check out online. At that point, you must enter in the last four digits of your Social Security number and your birth date.
How do I get my bank to pay off my PayPal Credit?
If you want to have your bank automatically pay off your PayPal Credit balance each month, do the following: Click Details to the right of the “PayPal Credit” heading. Click Set up automatic payments on the left side of the page. Select a payment amount and method. Make a payment on mobile.
How do I set up recurring payments?
Establishing recurring payments is a good way to boost your credit by ensuring you’re never late. If you want to have your bank automatically pay off your PayPal Credit balance each month, do the following: Click Details to the right of the “PayPal Credit” heading. Click Set up automatic payments on the left side of the page.
How do I use PayPal’s Buy Now Pay Later app?
Load up on cash back offers before you shop. Track your packages. And manage it all on the go. Use PayPal’s Buy Now Pay Later App to pay at your favorite retailers. Select a Pay Later offer at checkout, Pay in 4 or Pay Monthly, for qualifying purchases.