How does Afterpay work in Australia? /w Best Afterpay Store!

Afterpay allows you to make a purchase without having to pay for it on the spot. After you apply with Afterpay and are approved, you simply pay off the money in four instalments. Better yet, the repayments are interest-free. Find out what providers have partnered with Afterpay Stores to see where you can shop interest-free here.

Photo by Pixabay on Pexels.com | Representing Afterpay Stores in Australia.

How does Afterpay work?

When shopping at any store that offers Afterpay as a payment option (see list below), you can select Afterpay at the checkout. The service is available both online and in-store. Once you select Afterpay as your payment option, your repayments will be scheduled in fortnightly instalments. Choose the debit or credit card that you want your repayments to come out of and Afterpay will direct debit them on the due dates.
Afterpay will use your nominated bank card to process your application and approve you at the checkout. You’ll receive reminders for when your repayments are due and you’ll be given an online Afterpay account to manage your orders and payments. Remember to keep an eye on your repayment dates and ensure you have enough money in your account to avoid late payment fees from Afterpay. Read our review of Afterpay for more details on features, costs and how it works.