Buy Now Pay Later: Bill Me Later

One of the payment options you have now if you want to do a buy now pay later option is Bill Me Later.  Bill Me Later was founded in the year 2000 and the service was purchased by PayPal in 2008 from I4 Commerce.   PayPal itself was formed in 2000 by a merger between Confinity and  In 2002, PayPal was purchased for $1.5 billion by eBay.

Bill Me Later Allows you To Purchase Now and Make Your Payment Later

purchaseThe Bill Me Later service allows consumers to purchase items and gives them the ability to buy now and pay later.  The Bill Me Later service works similar to how a credit card works; however, without the consumer actually having a credit card.  The service is instant, secure and provides a reusable credit line.

The service is an available payment option for a large number of online stores.  One the consumer adds the Bill Me Later service to their PayPal account; they can use it almost anywhere PayPal is offered as a payment option whether online of offline.



Pay Later Makes Purchasing A Lot Easier

credit_cardThe consumer can apply for the service either by visiting the PayPal site and applying for the service or they can apply at check out.  The process to apply is simple:

  1. Enter your birth date
  2. Enter the last four digits of your social security number
  3. Then simply accept the terms

The consumer will know in a matter of seconds as to whether or not they have been approved for the Bill Me Later service.  As with any credit service, Bill Me Later is subject credit approval.

Benefits of Using BML

The service is easy to use.  The consumer does not have to worry about account numbers or the need to fill out a long application to get credit.  The service is offered for payment online for retailers such as:

  1. Walmart
  2. eBay
  3. GNC Live Well
  4. SkinStore
  5. Nautica
  6. 1-800 Flowers
  7. Advanced Auto Parts
  8. Sports Authority
  9. Hotwire
  10. Apple Store

As you can see there are a lot of different companies who offer the Buy Now Pay Later option using Bill Me Later.  The consumer can to the Bill Me Later website to see get an up to date listing of the store and special offers that a consumer can take advantage of.

In addition to the large number of retailers offering the service to you at checkout, here are the various categories of retailers available:

  1. Apparel and Accessories
  2. Books
  3. Computer and Office
  4. Electronics
  5. Flowers and Gifts
  6. Health v Beauty
  7. Home and Garden
  8. Home Improvement
  9. Jewelry and Watches
  10. Movies
  11. Music
  12. Pet Suppliers
  13. Services
  14. Shoes and Bags
  15. Sport and Outdoor
  16. Tax Preparation
  17. Tools and Automotive
  18. Toys
  19. Travel and Airlines

The service also offers financing specials as well as zero fraud liability and a purchase protection plan to boot.

Category: Buy Now Pay Later Sites