How Afterpay works - for merchants
What to expect once you become an Afterpay merchant.
You've signed up to Afterpay. Now, what?
As a merchant, understanding Afterpay’s payments process is key. Not only will it give you clarity, but you’ll also be able to answer any questions from your customers.
Now that you’re an Afterpay merchant, here’s what to expect: first, integrate Afterpay into your online checkout or business terminal. Customers then make purchases as they normally do, but can split their purchase over four payments. However, you, the merchant, will be paid within days.
In short: becoming an Afterpay merchant means you can offer your customers a more flexible way to shop. They can get what they want, when they want it, increasing average order value by up to 40%
Here’s how it works…
How Afterpay works for merchants
- A customer purchases an item using Afterpay
- You will receive your settlement fund from Afterpay within days
- You can keep track of all payments and orders via daily settlement reports in the Afterpay - Merchant Portal or via email
- Meanwhile, Afterpay takes on all the risk – including fraud and late payments – so you can focus on growing your business
Want to know how Afterpay works for your customers? Find out here.
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