So PayPal Europe has now had to become PayPal U.K. as the British government are trying to control all financial institutions that offer services in the U.K. . This is a concerted effort to deny British customers the ability to pay in 3 . Even if you have never missed a payment PayPal will remove the option for you based on your credit score . As part of the new regulations PayPal will credit check you . The U.K. government are saying pay in 3 unregulated credit is triggering debt in people who cannot afford to pay . Hello why do you think people choose pay in 3 ? Pay in 3 options led to a massive drop in credit card use as why pay 29% interest on a credit card when Pay in 3 is an option . Klarna did this last year & now PayPal . Hundreds of thousands of people lost the ability to pay in 3 overnight . So I have Zilch & Clearpay whom might I add are working out just fine for now . PayPal just made a huge mistake probably lost half their customers in one fell swoop . So the poor get poorer & the Rich get richer . Same old story of take away the ways to pay no one can afford to play !
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