Bring in more business with buy now, pay later.
Let customers pay in instalments, while you get paid upfront with Afterpay. More options for them. More sales for you.
BNPL by the numbers
Offering Afterpay as a BNPL (buy now, pay later) payment option can help increase your average order value and attract new customers – at no risk to your business.
85%
85% of Afterpay customers discovered a new merchant in the last six months.¹
18%
Customers who use Afterpay have an 18% higher average order value.²
1 M
Afterpay makes 1 million merchant referrals every day.³
Always know what you’ll pay.
In Person and Online
6% + 30 cents per transaction (excl. GST)
For all in person Afterpay transactions and through Square Online, Square Payment Links, and Square Web Payments SDK.
Afterpay works with the best of Square.
The BNPL payment method is integrated with
Square products and services.
Order a marketing kit on us.
Show customers you offer Afterpay. Get your free Afterpay marketing kit, complete with decals and a table tent.
Offer interest-free instalments with Afterpay.
Enabling Afterpay with Square is free. There are no monthly fees or startup costs. You only pay when you make a sale. Give your customers more flexibility at checkout and see how your business can grow.
FAQ
Buy now, pay later, or BNPL, is a payment option where a customer pays for a purchase over time in instalments, while merchants get paid upfront. With Afterpay, Square merchants can let customers pay in four interest-free installments over six weeks.
The buy now, pay later payment method from Afterpay is available to many businesses in the U.S. and Australia. To see if you are eligible for Afterpay and to enable it for your business, log in to your Square Dashboard and review your Payment Methods.
If Afterpay is available to your business, you can toggle on Afterpay acceptance both Online and In-Store from within this setting. If you do not see Afterpay available within your Payment Methods, you are ineligible to offer Afterpay at this time. Get more details
Merchants using Afterpay get paid upfront at the time of purchase, minus a processing fee on the total order.
Afterpay Processing Rates
-
Online: 6% + 30 cents (excl. GST).
-
In Person: 6% + 30 cents per transaction (excl. GST).
-
The platform is set up so Afterpay takes on the risk of fraud for you so you can focus on growing your business. You will receive the payment upfront and at no risk to your business.
Afterpay is an optional product that Square offers to sellers. If at any time you decide you do not want to offer Afterpay at checkout, you can turn it off within your Dashboard settings.
All transactions processed through Afterpay will be charged at our standard Afterpay rates. This Afterpay specific rate allows you to get paid upfront, while Afterpay takes on all risk associated with customer fraud and late payments.
Afterpay Processing Rates
-
Online: 6% + 30 cents (excl. GST).
-
In Person: 6% + 30 cents per transaction (excl. GST).
-
Setting up Afterpay is easy. Simply direct your customers here to set up their Afterpay account.
If your customer chooses to make a return, they will be refunded their payment amount.
For details on how to guide a customer to make an in-person Afterpay return, please reference this article.
Late fees may apply. Eligibility criteria apply. See afterpay.com for full terms.
¹Mastercard AU Incrementality Study, October 2020.
²Internal Afterpay Study, September 2021.
³Afterpay Annual Report FY 2021.