Yes, Invoice simple now gives your clients the ability to pay through installments with Buy Now Pay Later with PayPal. This gives your clients more options when paying for larger projects. Here's how it works:
Clients located in the United States will now see the Buy Now Pay Later option on the checkout screen for all of your invoices
Once selected, your clients will have two options; either to pay in four payments or pay monthly. Your clients will not be charged interest when using the pay in four option as long as their payments are submitted on time.
How will I receive payment when my clients use Buy Now Pay Later?
PayPal immediately pays you the full amount of the invoice. This means you will not need to wait until your client submits payment. All payments for the invoice are handled through PayPal going forward, even if your client misses a payment!
Are their Fees associated with Buy Now Pay Later?
Yes, you will be charged a fee of 4.99% on the invoice total that PayPal pays you out when your customer selects the Buy Now Pay Later option.