<Tr> <Th> Current status </Th> <Td> active </Td> </Tr> <P> PayPal Credit, formerly named Bill Me Later, is a proprietary payment method offered on the websites of many well - known merchants, including those of Wal - Mart, Home Depot, USPS, B&H Photo Video, Best Buy, Overstock.com, JetBlue Airways, Liquidation Channel, Jewelry Television and Hotels.com . The site, which offers consumers a line of revolving credit through Comenity Capital Bank, allows purchases to be made online without using a credit card . The company was one of the first recipients of the Red Herring Global 100 Award by the publication Red Herring . </P> <P> On November 7, 2008, PayPal completed its acquisition of Bill Me Later . It was formerly owned by I4 Commerce . </P> <P> After customers open their accounts (including credit check), Bill Me Later asks customers at every purchase to fill out the last 4 digits of their SSN and their date of birth . The approved customer can then pay the bill by mail (check), phone or online (via bank account) at www.billmelater.com . Bill Me Later accounts can be linked with PayPal accounts by visiting https://billmelater.com/linkpaypal . Once the Bill Me Later account is linked to PayPal, it becomes a funding option within the PayPal account and gives the option to pay off the Bill Me Later balance . Customers also get an email whenever they are declined . In cases when they are declined and they don't receive declined email / letter, they can contact Bill Me Later Customer Service to check if it was not a system issue . Bill Me Later is not a credit card but a revolving line of credit offered by Comenity Capital Bank . Much like a traditional credit card, the company will charge late payments if necessary . </P>

When did bill me later became paypal credit