Is PayPal credit available in Australia?

Paypal credit

The people of Australia have a need for PayPal. Whether it is playing the pokies at the online casinos or buying items off of the internet, PayPal is a great option.

It offers a secure, confidential and reliable method of making payments and receiving payments. The fees that are charged for transactions and the currency exchange fees for PayPal are comparable or lower than other methods.

PayPal is also more widely known and accepted in more places than other methods. But what the people of Australia need to know is if they can use it.

 What is PayPal Credit?

Despite its widespread use, not everyone is familiar with all that PayPal has to offer. PayPal credit is one of the things that not everybody knows how it works and what it does. PayPal credit used to be known as Bill me Later.

PayPal credit is a reusable credit line that allows people to make purchases at thousands of businesses that utilize PayPal. The amount of credit that a person can get will vary. PayPal credit has to be applied for.

It can be used on purchase and offers things such as allowing people to pay for purchase over time, allowing them to make some purchase with no interest for 6 months, and allowing the person to choose how they want to pay.

Thus PayPal Credit is an open end (revolving) credit card account that provides a reusable credit line built into your PayPal account giving you the flexibility to pay for your purchases right away or pay over time. It’s easy to apply, easy to use and there whenever you need it. PayPal Credit is subject to credit approval and is offered by Synchrony Bank.

PayPal credit

Can Australians Use It

PayPal was first introduced in Australia in 2005. There are more than 6 million users for PayPal in Australia. It is used by businesses and individuals for buying, selling and spending money online.

PayPal credit provides the credit through Comenity National Bank and is available to customers in the United States. There is a requirement for the last 4 digits of the Social Security number which means that a person has to have a social security number from the United States. Because of that it is not available to the people in Australia that have a PayPal account. The only way they could use credit to make purchases is by attaching a Credit Card from an Australian bank to their account.

Use PayPal Credit’s digital, reusable credit line to shop anywhere PayPal is accepted. Whether you’re buying the perfect gift or purchasing a new couch, you can get 6 months special financing on purchases of $99 or more every time you shop with PayPal Credit.

How to apply for PayPal Credit?

To apply for PayPal credit you need to fill out a quick application, get a credit decision in seconds and if approved shop instantly with PayPal Credit right from your PayPal account.

When you apply for PayPal Credit, you’ll be asked to provide your date of birth, your income after taxes and the last 4 digits of your Social Security number, and then to agree to the Terms and Conditions. You’ll know within seconds if you are approved. Also your PayPal Credit account will be linked to your PayPal account and you’ll see it as a payment option every time you check out with PayPal.

There is no annual fee to use PayPal Credit

By using PayPal Credit you get No Interest if paid in full in 6 months on purchases of $99 or more when you check out with PayPal and pay with PayPal Credit. Minimum Monthly Payments are required during and after the 6 month promotional period. Plus, score valuable discounts and special financing offers when you use PayPal Credit. You can also review all of your purchases and pay your bill through

Upon approval, your PayPal Credit account will be assigned a credit line of at least $250 based on your credit worthiness.

When people are using PayPal to buy or sell things online or if they are using it to fund their accounts at online casinos in Australia, they need to be aware of the rules regarding exchanging foreign currency. It can add to the cost of an item or the amount of money that a person receives when using PayPal.

The best way to find out information about the fees and the currency exchange policies is by reading the terms and conditions that are posted on the website.

How to use PayPal Credit?

To use PayPal Credit, simply checkout using PayPal and select PayPal Credit as your payment method. Or at checkout, you’ll have the option to select PayPal Credit as your payment method.  You can also set PayPal Credit as your preferred way to pay. That way, as long as you have available credit in your PayPal Credit account, every purchase you make with PayPal uses your PayPal Credit account as the preferred way to pay. Additionally, some merchants have a PayPal Credit option at checkout. If they do, you can simply choose that option.

Simply log in to and select the Send Money tab. Select PayPal Credit as your payment method, then confirm your payment details. When you use PayPal Credit to send money, PayPal will charge a flat fee of 2.9% + $.30  dollars per transaction that is included in your payment total. This is the same fee you pay when you use a debit or credit card to send money through PayPal.

For more information and to apply for PayPal Credit click here.

VN:F [1.9.22_1171]
Rating: 1.8/5 (53 votes cast)
Is PayPal credit available in Australia?, 1.8 out of 5 based on 53 ratings