Afterpay

Free

Overview

Afterpay’s proprietary technology platform enables shoppers to pay for items in 
four simple installments, without the need for additional information at checkout.

  1. PURCHASE: Customer selects Afterpay on checkout and no further personal information is required
  2. SHIPMENT: Customer either pays the first installment or nothing up-front and gets their order straight away
  3. SETTLEMENT: Afterpay settles up-front with the merchant and assumes any credit and fraud risk
  4. PAYMENT: Customer pays off their purchase in regular installments directly to Afterpay

Benefits

  • 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 settles with merchants up-front, quickly and automatically. No complicated processes or lengthy wait times.

  • Zero fraud or credit risk: Afterpay assumes all end-customer non-payment risk for every single transaction

    Additional Features

  • Single and Multi-Market Afterpay transaction processing
  • Extended support for Magento default OnePageCheckout
  • Advanced Mini-Cart compatibility
  • Sandbox support

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