Afterpay gives customers an easy interest-free option to pay over time while you get paid straight away. Afterpay offers simple installment plans at the checkout.
Benefits for Afterpay retailers:
Incremental sales, new customers
• Afterpay converts customers that would have otherwise abandoned, generating more sales from the existing customer base and creating new customers.
Guaranteed up-front payment
• Afterpay settles with retailers up-front, quickly and automatically. No complicated processes or lengthy wait times.
Increase basket size and repeat purchase rates
• Afterpay customers spend more per transaction and over their lifetime, and they come back more often.
Zero fraud or credit risk
• Afterpay assumes all end-customer non-payment risk for every single transaction.