Paypal Pay in 3 creates simple, secure, fair and transparent credit and payment solutions that give shoppers more freedom. Paypal Pay in 3 allows you to own the things you want now, and pay for them in 3 simple instalments. All interest-free on purchases, which could be up to £2000.
To use PayPal Pay in 3 you must be at least 18 and live in the UK (excluding Channel Islands and the Isle of Man). PayPal may also have to assess a customer’s creditworthiness. When choosing PayPal Pay in 3 this assessment will not affect your credit rating.
PayPal may run soft credit searches that do not affect credit scoring and are only visible to yourself, no credit search is run against you that could impact your credit rating.
As soon as we have accepted your cancellation/return, PayPal will cancel any future scheduled payments as well as refund any amounts paid. Refunds will be issued back to the debit card which was originally entered at checkout.
Visit the PayPal Pay in 3 FAQ page – https://www.paypal.com/uk/webapps/mpp/paypal-payin3/faq