How Does Afterpay Work?

For the Retailer

  • We pay you upfront and take on the credit and fraud risk
  • We help increase your Average Order Value and conversion by increasing accessibility
  • Customers look to Afterpay for discovering new brands. For retailers, we are their most valuable source of new customers

For the Customer

  • We split the total order amount into 4 instalments, taken automatically every 2 weeks. The customer pays the first instalment at the time of purchase
  • Fast signup; Customers select Afterpay at checkout and fill out a few details to get an instant approval decision
  • When paying in four installments, there is always 0% interest and never additional fees when they pay on time
Note

The information above also applies to Cash App Afterpay (US) and Clearpay (UK).

Pay Monthly

Pay Monthly is also available with Afterpay Button. It features monthly installments with interest charged. It is suitable for more expensive purchases. Pay Monthly is only offered in the USA.