UATP to Offer Pay in 4 with PayPal for Airfare Purchases Across its Airline Partners
Travelers receive the benefit of splitting their purchase into four equal payments with the same purchase protection expected with a PayPal purchase
Washington, D.C., 14 April 2021 — UATP announced today it is broadening its work with PayPal to include Pay in 4 as an option for airfare purchased via UATP Merchant Airlines. With Pay in 4 from PayPal, customers pay for their purchases in four interest-free payments and merchants get paid up front.*
“The buy now, pay later (BNPL) product has become increasingly popular for travelers,” said Ralph Kaiser, president and CEO, UATP. “The PayPal-UATP relationship has 15 years of demonstrated success and we expect that to continue with Pay in 4.”
Pay in 4 is an interest-free, short-term pay later solution that can be used for qualifying purchases of $30-$600. Customers who select Pay in 4 pay for their purchase in four payments every two weeks over six weeks, with the first payment due at purchase. Now that PayPal offers its Pay in 4 checkouts on airfare, travelers can tap into it via the merchant’s UATP connection – spreading out their purchase with clear, predictable payments.
For more information, visit UATP.com
*About Pay in 4: Consumer late fee may apply for missed payments and varies by consumer’s state of residency. Loans to California residents are made or arranged pursuant to a California Finance Lenders Law License. PayPal, Inc. is a Georgia Installment Lender Licensee, NMLS # 910457.
To view the press release, click here.