PayPal Credit

Buy Now and Pay Later with PayPal Credit

At UKSoftwareTech Ltd, we’re pleased to offer you the flexibility to shop now and pay later with PayPal Credit. This service allows you to spread the cost of your purchases over time, making it easier to manage your payments.

Flexible Monthly Payments

• Choose a plan that works for you: Select a monthly instalment plan with PayPal Credit.
• Consistent monthly payments: Pay a fixed amount each month to help you budget effectively.
• Interest rate: 14.9% applies throughout the instalment period.

How to Apply at Checkout

• Quick and simple: Select PayPal Credit during checkout and follow a few easy steps to apply.
• Minimum order requirement: £99.
• Instant decision: PayPal typically provides a decision within 30 seconds.

Eligibility Requirements

Before applying for PayPal Credit, ensure you meet the following criteria:

• You are a UK resident aged 18 years or older.
• You have a good credit history.
• You are not currently declared bankrupt.
• Your income exceeds £7,500 per year (excluding student loans).

How PayPal Credit Works for Future Purchases

PayPal Credit functions as an online credit card, providing you with a credit limit for this and future purchases.

• Instalment offers: Eligible purchases can benefit from instalment plans at lower rates during the instalment period.
• Standard interest rate: After the instalment period, any outstanding balance is subject to PayPal Credit’s standard interest rate of 21.9% (variable).
• Already have PayPal Credit? There’s no need to re-apply; choose PayPal Credit at checkout.

Representative Example

• Purchase rate p.a. (variable): 21.9%
• Representative APR (variable): 21.9% APR
• Assumed credit limit: £1,200

Frequently Asked Questions

Who can apply for PayPal Credit?
To be eligible, you must:

• Be a UK resident aged 18 years or older.
• Have a good credit history.
• Not be declared bankrupt.
• Earn an income greater than £7,500 per year.

Do I need a PayPal account to apply?
Yes, you’ll need a PayPal account. If you don’t already have one, you can easily create one when you apply for PayPal Credit.

What happens if my application is unsuccessful?
If your application is declined, PayPal will email you with an explanation. You can still check out securely with your debit or credit card using PayPal.

Why don’t I see PayPal Credit as a payment option?
Ensure your basket contains at least £99 worth of goods to activate the PayPal Credit option.

Can I apply for PayPal Credit when placing a phone order?
Unfortunately, PayPal Credit is only available for online purchases made through our website.

For further information, visit the PayPal Credit FAQ page.

This credit is offered by PayPal. Status is a factor, and terms and conditions apply.
Visit www.uksoftwaretech.co.uk to explore our products and shop with confidence.