About Afterpay

Unless you've been living under a rock, you probably already know what Afterpay is. If so, you can get started with some of the Afterpay deals available on this page to start buying what you want... right now! In the odd chance that you do happen to be a rock-dweller, keep reading. (No judgement here—Netflix, sports, and all kinds of hobbies make for fantastic entertainment under any rock!)

Afterpay is an Australian credit system that allows you to buy what you like now and pay for it later, without any upfront costs or interest. While it's Australian-run, its popularity and success has helped it reach New Zealand, the UK, and even the US as well. Afterpay works in a similar fashion to credit cards, though it's arguably more generous with its longer initial period of interest-free and no fees on payments. It's also different from other lenders in the sense that Afterpay lends to the retailer or merchant, a loan which the buyer pays back. In general, shoppers must pay the cost of their Afterpay purchase through 4 equal payments every two weeks. But be careful! As with any credit system, late payments can result in harsh late fees, so make sure to get your payments in on time, or even plan on what you can afford to pay.

"Do they have Afterpay?"

This is one of the top-searched questions for a lot of Australian stores, and it's no surprise it is. Afterpay's convenient and simple payment process allows shoppers to buy things sooner than they originally could. No need to save, just spend a few dollars on each of your paycheques over a short period of time and your purchase is complete. 

How Afterpay Earns Money

If you're reading this, you're a smart consumer who cares about how businesses operate. In general, Afterpay earns most of its commission from the retailers it partners with (approximately 95% of Afterpay's revenue comes from the fees it charges retailers, while the other 5% are from late fees). Consider this example: If a retailer sells a product for $100 and you purchase that through Afterpay, the store gets most of that money (say, $96) immediately. Over the course of 8 weeks, the customer or shopper pays $25 every 2 weeks, which totals to $100 (the original price of the product). During those payments, Afterpay collects a small fee (say, $1 per $25 payment). This mini-loan system allows Australian businesses, Afterpay, and customers to all benefit; however, as mentioned, businesses ultimately pay a small cost as a trade-off for being more accessible to their customers. As long as you make your payments on time, you won't have to worry much about how Afterpay works. After all, Afterpay is one of Australia's most popular payment systems. Try out Afterpay yourself with one of these Afterpay deals or even combine Afterpay with the other offers available for your favourite stores.