How Afterpay Works
Afterpay’s proprietary technology platform enables shoppers to pay for items in
four simple instalments, without the need for additional information at checkout.
Customer selects Afterpay on checkout and no further personal information is required
Customer either pays the first instalment or nothing up front and gets their order straight away
Afterpay settles immediately with the merchant and assumes any credit and fraud risk
Customer pays off their purchase in regular instalments directly to Afterpay
Benefits For Afterpay Merchants
Incremental sales, new customers
Afterpay converts customers that would have otherwise abandoned, generating more sales from the existing customer base and creating new customers.
Increase basket size and repeat purchase rates
Afterpay customers spend more per transaction and over their lifetime, and they come back more often.
Guaranteed up-front payment
Afterpay pays merchants the full transaction amount within 48 hours of purchase, guaranteed.
Zero fraud or credit risk
Afterpay assumes all end-customer non-payment risk for every single transaction.