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I've been seeing articles talking about Square buying out Afterpay recently. Will this eventually be integrated into Square Online so installments will be available to my online customers?
I've been waiting for an installment options for months. This would really help my sales.
@BerryPerfSales @Minion @DinaLRosenberg @rjonin @Beth0416 @KatieVargas @renmishele
Square Online is eager and excited to announce our integration of Afterpay, allowing you to offer a buy now, pay later payment option on your Square Online site.
Available now, Afterpay lets your customers pay in four equal, interest-free installments over six weeks, while you get paid in full immediately. Learn more here.
*Please Note: Only certain business types are eligible to use Afterpay at this time.
Try Afterpay at no extra charge
Through May 10, 2022, you’ll pay the same 2.9% + 30¢ processing fee for Afterpay transactions as you do on all Square Online transactions. There’s no additional setup cost or monthly fee.1 2
Benefits of accepting Afterpay
✔️ Drive incremental sales: Sellers see a 20% increase in cart conversion on average, and more repeat customers.
✔️ Increase average order value: Afterpay lets customers get what they want, when they want it, increasing average order value by up to 40%.
✔️ Attract new customers: Merchants find that 30% or more of Afterpay customers are new to their brand.
How Afterpay works for you
✔️ Get paid upfront: You'll get paid within days for purchases made with Afterpay.
✔️ Minimize your risk: We take on the risk, including chargebacks and fraud so you can focus on growing your business.
✔️ Receive daily settlement reports: Get access to transactional information that you can use to reconcile or verify orders.
With Afterpay, you’ll never miss out on a big sale. And unlike other installment platforms competitors, Afterpay doesn’t require additional integration—it’s automatically available as a Square payment option for Square Online, and works out of the box. You’ll also get paid up front—we assume the risk, including chargebacks and fraud. More questions? See our support article here.
Coming Soon: Afterpay will be integrated with more Square products later this year—we’ll keep you posted!
You can enable Afterpay in your Square Online checkout settings here .
Want to try Square Online for free? Learn more here.
Turning on Afterpay means you have read and consented to the Afterpay Terms and Conditions.
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