PayPal Pay in 4 is an interest-free buy now, pay later service that lets you spread out the cost of an online purchase over six weeks.

If you’ve noticed Pay in 4 as a payment option when you shop online but haven’t tried it yet, you may wonder how it works.

[CALCULATE: Use Our Free Personal Loan Calculator to Estimate Your Monthly Payments.] Does PayPal Pay in 4 Have a Credit Limit? You can use PayPal Pay in 4 to finance purchases between $30 and $1,500.