PayPal is hedging its bets on the buy now, pay later sector, extending its debit-based online offering into old-school, plastic credit cards to allow customers to splurge in physical stores.

PayPal’s diversification in Australia points to Afterpay’s growing isolation as a pure-play provider of “pay in four” instalments. PayPal, along with Zip, Humm and Klarna, offer both interest-free, short term repayment plans and longer-term, interest-bearing or revolving-fee credit products.