How To Buy Air Tickets Using Paypal’s ‘Pay In 4’ Program In Canada?
PayPal’s Pay in 4 Program has partnered with Universal Air Travel Plan (UATP) and lets consumers pay for their air tickets in four interest-free payments. Under the program, tickets purchased via UATP will allow merchants to get paid upfront, even as customers make their payments in installments.
This service is available for all Canadians. In recent press release the president and CEO of UATP Ralph Kaiser said that Paypal’s buy now, pay later (BNPL) product has become increasingly popular for travelers. The PayPal-UATP relationship has 15 years of demonstrated success, and they expect to continue this with Paypal’s Pay in 4 program.
This is not the first time UATP has offered customers a chance to pay for airfare in installments. In 2019, UATP joined forces with the BNPL service Uplift on a program that allowed travelers to purchase tickets for vacations and pay for them in installments.
How To Buy Air Tickets Using Paypal’s ‘Pay In 4’ Program In Canada?
Before you get started to work with Pay in 4 program to buy Air Tickets in Canada, you need to understand that BNPL ie Buy Now Pay Later of Paypal works already in US, UK, Australia and now in Canada. Pay in 4 is available to tangible/physical goods merchants and many intangible/digital goods merchants. There are some restrictions on intangible goods merchants including: Get Rich, Non-Profit, Services – Other, Website Services, No True Industry.
According to PayPal ‘Pay in 4’ will be unavailable for gaming, gambling, digital gift cards or for certain transactions including peer-to-peer transfers.
To use BNPL service of Paypal in Canada first set up your Paypal account if you haven’t done before.
If you have a Paypal account then simply login to your account.
You can use PayPal app or Paypal site to do any transaction on your mobile, PC or tablet
Now go to any online store or booking flight to buy air tickets with PayPal
All you must do is to select your travel destination.
At the checkout select Paypal and buy your tickets, Many times this option allows you to enjoy the benefits of early booking savings. Instead of paying the full amount of your trip in advance, you only have to put a deposit to secure your tickets.
So at the checkout use Paypal to buy air tickets and select ‘Pay Later’ – you’ll see ‘Pay in 4’ as a way to pay.
Get a decision in seconds and complete your purchase.
Make the down payment today, and pay the rest in 3 payments – one every two weeks. Payments are easy to manage through the PayPal app and on PayPal.com
This means just choose Pay in 4 at checkout at millions of online stores and split your payments in 4 – one every two weeks. It’s interest free, has no impact on your credit score and is backed by PayPal.
Remember you are offered the same security and purchase protection you already enjoy from PayPal when using this service.
You will make a small downpayment after the purchase and then rest of your pay later payments will be made every two weeks
You can easily track the payment at the Paypal site or Paypal app
Pay In 4 Feature Of BNPL Of Paypal
Pay in 4 is a feature that lets you split your purchase into 4 payments, with the down payment due at the time of transaction and 3 subsequent payments made every 2 weeks thereafter.
Note that you need to be at least 18 years of age to apply. You must also have a PayPal account in good standing or open a PayPal account in order to apply.
Pay in 4 is not available for certain merchants and goods. This means not all merchants are available for this service in Canada. If you choose Pay in 4 as your payment method when you check out with PayPal, you will be taken through the application process. You will get a decision instantly but not everyone will be approved based on their internal checks.
Just choose to pay with PayPal when you shop online and if it is an eligible transaction, you will see Pay in 4 as one of the available payment methods. Simply apply for a Pay in 4 plan in just a few steps, get an instant decision, and finish checking out.
You can use Pay in 4 for eligible shopping cart values between $30 to $600.
You must read the loan agreement of your Pay in 4 plan before you submit your application. You will see the link to the loan agreement when you choose to apply for Pay in 4 at checkout. You will also have the option to download the loan agreement.
Once your plan starts, Paypal will send you an email containing important information about your Pay in 4 plan, including how to locate your loan agreement.
There are no fees for choosing to pay with Pay in 4, however, if you are late with a payment you may be charged a late fee.
Your individual plan will last a little over 6 weeks in total. The down payment will be due at the time of the transaction and 3 subsequent payments will be taken every 15 days thereafter.
Pay in 4 is available to use at selected merchants where PayPal is accepted. Transactions can be made in all currencies that PayPal supports, not just CAD. For transactions not in CAD, PayPal will automatically convert the transaction amount to CAD at checkout before providing you with your Pay in 4 plan. Currency conversion charges will apply as set out in your PayPal User Agreement.
How Your Pay Later Payments Will Be Deducted?
Now that you have decided to buy now and pay later and you have used Pay in 4 option at your online transaction using Paypal you are worried how your pay later payments will be deducted.
After your down payment, your 3 subsequent repayments will be taken automatically from the debit or credit card you provided at the time of your application.
You can see how much you owe and this can be done by simply logging into your PayPal account, go to Pay in 4, and click on the specific Pay in 4 plan you want to see. The amount you still owe will be under “Remaining.”
To see the amounts of your payment in your PayPal account, go to Pay in 4, and click on the specific Pay in 4 plan you want to see. There you can see the amounts of your previous payments in your Plan Activity. You can also see the amounts of upcoming payments by clicking “See Upcoming Payments.”
You can make extra or unscheduled payments if you want. On your PayPal account, choose the Pay in 4 plan you want to pay and click Make a Payment. Then, you can make an unscheduled or extra payment that will be applied to that Pay in 4 plan.
Also if you want you can pay off the entire Pay in 4 plan at once. In your PayPal account, choose the Pay in 4 plan you want to pay off and click Make a Payment. Then you can make an unscheduled payment to pay off the entire Pay in 4 plan.
Note that you can pause or suspend my Pay in 4 payments. Once you agree to the terms of your Pay in 4 plan and your payments begin, you cannot pause, suspend, or skip your payments.
If your payment didn’t go through then there might be several reasons for it that Paypal may not have been able to complete your scheduled payment, including if there were insufficient funds on your debit or credit card.
You can updated your debit or credit card for future repayments. If you want to make future payments with a new card, you can change your payment method by logging into your PayPal account, going to Pay in 4 and selecting the Pay in 4 plan you want to change. There, you can click “Change” under “Payment Method” to update your information or choose a new way to pay.
If your debit / credit card will expire before your Pay in 4 plan ends, you can update your card information by following the same steps (above) or update your information in your PayPal wallet by logging into your PayPal account, clicking “Wallet,” choosing the card you want to update and click “Update Card.”
Your Plan Activity is always up to date on the Pay in 4 section of your PayPal account, so any payments you make should appear there immediately.
Finally remember even if you have opened a dispute with Paypal you need to continue making repayments when due while Paypal investigates your dispute to avoid a late fee being applied.
Click here to find 15 Airlines that allow you to Book Flights now and Pay Later
Again remember that Pay in 4 applies to qualifying purchases of $30 to $600. Customers will make their payments every two weeks over the course of six weeks, with the initial payment made at purchase.
PayPal is well versed in the service of installment payments. In an interview with PYMNTS last year, PayPal’s Senior Vice President Doug Bland talked about PayPal Credit, an early POS credit pioneer launched long before the days of BNPL. The program offered customers an interest-free line of credit with payments stretched over a six-month period.
This is not the first time UATP has offered customers a chance to pay for airfare in installments. In 2019, UATP joined forces with the BNPL service Uplift on a program that allowed travelers to purchase tickets for vacations and pay for them in installments.
Two years later, the demand for this sort of service is rising, Uplift said earlier this year. As PYMNTS reported in February, Uplift has also signed new BNPL partnerships with airlines that include Aeromexico, Air Canada and Alaska Airlines, as well as cruise lines like Hurtigruten, MSC Cruises, Uniworld and Virgin Voyages, and tour operators and travel agencies like Air Canada Vacations, CostSaver, Grand European Travel and Insight Vacations.
About PayPal
PayPal’s nearly 200 million active account holders have the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.
