With PayLater, a unique feature of PayPal Credit, customers can buy things now and pay for them later. Customers who are eligible for the PayLater program and who use PayPal to process their credit cards can use this feature.

When a customer uses PayLater to buy something, PayPal Credit is giving them a short-term loan. The loan is paid back over time, usually in monthly payments. Interest and fees are also part of the payment. Customers can pay off their balance early to avoid having to pay more interest.

Customers who want to buy something but don't have the money to do so right away can use the PayLater feature. It is also perfect for people who want to pay for things over a longer period of time.

Customers need a PayPal Credit account and to be approved for the PayLater program in order to use the PayLater feature. Once they've been approved, they can use PayLater to buy things online or in stores that take PayPal.

Overall, customers who use PayPal as their credit card processor will benefit from the PayLater feature. It's a flexible and easy way to pay for things and keep track of expenses. It can be a useful tool for people who need to buy things but don't have the cash on hand.