Afterpay lets eligible shoppers pay in installments at partner brands and shop online or in stores. Its Pay in 4 plan takes the first payment upfront and spreads the rest over six weeks; the listed plan is free, subject to eligibility. The app lets customers track payments, reschedule payment dates, browse recommendations and deals, and create shopping lists. For in-store purchases, customers can set up an Afterpay Card in the app and add it to Apple Wallet or Google Wallet. Retailers can offer checkout online, in-store, or in-app, and the in-store option uses an existing point of sale without additional hardware. The Business Hub brings transactions, settlements, and reporting together. Integrations cover e-commerce, payments, and content-management platforms, with iOS and Android SDKs and API options also available. Afterpay supports Android, iOS, web, and API. U.S. customers must be at least 18, live in the U.S., and meet additional eligibility criteria. Pay in 4 has no late fees when paid on time, but late fees may apply otherwise, and some transactions may carry a finance fee.
Who it is for
Afterpay suits eligible shoppers who want to pay partner brands in installments online or in-store. Retailers can use it to offer checkout across online, in-store, and in-app channels.
What is good
- Pay in 4 spreads payments over six weeks.
- App supports payment tracking and date rescheduling.
- In-store card can be added to Apple Wallet or Google Wallet.
- Retailers can use an existing point of sale.
- Business Hub combines transaction, settlement, and reporting tools.
What to know first
- U.S. customers must be at least 18 and meet eligibility criteria.
- Late fees may apply.
- Some transactions may have a finance fee.
Verdict
Afterpay offers shoppers installment payments and retailers multiple checkout channels. Eligibility, possible late fees, and finance fees are important conditions to review.
Afterpay plans and pricing
All plansCompared on buy now, pay later platforms
- Free plan
- Yes
- Checkout channels
- omnichannel
- Repayment terms
- Pay in 4 over 6 weeks; monthly payments over 3, 6, 12, or 24 months
- Merchant platforms
- Square, Magento, Shopify, WooCommerce
- Merchant settlement
- scheduled
- Consumer regions
- Australia, Canada, New Zealand, United Kingdom, United States
- Merchant dashboard
- Yes
