Pay in 4 is a PayPal "buy-now-pay-later" solution that works like an installment plan. Your customer pays for the product in 4 installments, with biweekly charges, without additional fees, directly via PayPal.
The biweekly payment model is very popular in the U.S., and one of the main benefits of this option is that creators receive their payments immediately.
Here’s an example: in an $80 transaction via Pay in 4, your customer will pay $20 at checkout and make the remaining payments every 15 days. So every two weeks, the customer's PayPal account will be charged $20 until the total amount is paid off.
The method is only available to buyers in the United States, and your product’s price needs to be the US dollar (USD) or have currency conversion enabled.
By default, this method is enabled when PayPal is selected as the primary payment method. In other words, if PayPal is enabled, you don't need to activate anything else to offer this method to your customers.
To set up Pay in 4 as a payment method for your product, follow the steps below.
The Hotmart platform is evolving to make navigation easier and more straightforward for our users. Learn more about the update here.
Important: this change is being implemented gradually. As such, for now, not all users will be able to see the new platform while accessing products and tools. Here you can find the steps to follow on both platform versions.
If you're on the previous version of the platform, please follow these steps:
- Log into your account at https://app-vlc.hotmart.com/login
- On the right-side menu, choose Products, and I'm a creator
- Select the desired product
- In the product's internal menu, click on Tools
- Click on Payment Page Settings
- In Payment options, enable PayPal
If you're on the new platform, follow these steps after accessing Hotmart:
- Click on Products in the left-side menu
- Choose a product
- Click on Tools and then proceed to step 5 as described above to complete the setup.
That's it! Now you can offer this additional payment method to your customers. Check out how it will be displayed on your customer’s screen:
To pay with Pay in 4, customers must log in to their PayPal account, fill in the required information, and complete the purchase.
Pay in 4 doesn’t impact how creators, cocreators, and affiliates are commissioned. This payment method is processed just like other PayPal transactions.