Who Accepts PayPal Buyer Credit?

Significance
PayPal Buyer Credit is a personal line of credit available exclusively for PayPal members with an active account. Instead of using funds from your PayPal balance or linked credit or debit card, PayPal Buyer Credit works on a buy now, pay later basis in which members can pay for purchases through their available line of credit and resolve the balance later through low monthly payments.
Application
Applying for PayPal Buyer Credit must be done through your PayPal account. In order to access the application, log in to your PayPal account and locate the 'Products & Services' tab. Under the 'Ways to Pay' option, you will find an option to apply for a PayPal Plus credit card.Applying for a PayPal Plus credit card is the only way to obtain PayPal Buyer Credit. The PayPal Buyer Credit feature allows you to link your available balance as another form of paying for purchases made through PayPal.
Acceptance
Because your PayPal Buyer line of credit is attached to your PayPal account, any merchant who accepts PayPal as a method of payment will also accept PayPal Buyer Credit. In order to access your line of credit, you will need to select PayPal Buyer Credit as your method of payment when checking out with your order.Furthermore, because you also receive a physical PayPal credit card in the mail, your line of credit can also be used at stores that display a MasterCard logo.
Benefits
Using PayPal Buyer Credit gives you an increase in available spending power, because your line of credit can be used as an additional funding source for purchases. If you don't have enough funds in your PayPal account to cover a purchase, or wish to avoid the three to four days it takes to transfer funds from your linked checking account, PayPal Buyer Credit makes the purchase possible. As long as your available PayPal Buyer Credit is enough to cover the charges, you can successfully pay for purchases.In addition, PayPal Buyer Credit provides special promotions exclusively for its customers. You can take advantage of special discounts and low interest rates provided when you use PayPal Buyer Credit to fund your purchases.
Considerations
PayPal Buyer Credit is financed through GE Money Bank, a leading provider of consumer credit. Like any other line of credit, PayPal Buyer Credit should not be used as license to spend money freely with no intentions of paying off the balance accrued. Remember to treat your PayPal Buyer Credit like any other credit card and to pay your bills on time in order to continue using this service and protect your credit history.