PayPal Pay Later vs. PayPal Payments

PayPal Buy Now, Pay Later (BNPL) is an installment payment solution that lets merchants offer their customers the option to split purchases into smaller payments over time - while the merchant is paid, up front, in full, with no additional risk. It's included within PayPal Checkout with no additional integration and gives shoppers flexible ways to pay, including Pay in 4 (interest-free payments), Pay Monthly (longer-term financing), and other financing options varying by market.

PayPal Payments is a comprehensive payment processing solution designed to empower businesses of all sizes to accept payments seamlessly from customers worldwide. By integrating PayPal Payments, merchants can offer a variety of payment options, enhancing the checkout experience and potentially increasing conversion rates. Key Features and Functionality: - Global Payment Acceptance: Supports transactions in over 200 markets and 140 currencies, enabling businesses to cater to a diverse customer base.