Microcredentials: Buy now, pay later with Paypal
FutureLearn’s new “Pay in 3” feature allows UK customers to pay for microcredential courses from the FutureLearn catalogue in three interest-free instalments. This will spread the cost of microcredentials, with prices ranging from £30 to £2000, providing customers with more flexibility and control over their finances.
Our research shows that the cost of education can be a significant barrier for many people. However, with the introduction of the “Pay in 3” feature, FutureLearn aims to make learning more accessible and affordable for everyone.
To use the new feature, UK customers simply need to select PayPal as their payment method at microcredential checkout and choose the “Pay in 3” option. They will then be prompted to enter their payment details and agree to the terms and conditions. Once approved, the payment will be split into three equal instalments, with the first payment due at the time of enrollment.
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As Paypal is the credit provider, they will have full responsibility for the approval of this payment option if learners choose to pay this way.