Accept Payments with Afterpay on Square Online Checkout
Afterpay is a buy now, pay later (BNPL) service that allows customers to pay for online orders in four interest-free payments over six weeks.
Eligible sellers are automatically able to use Afterpay when they create a payment link with Square Online Checkout, allowing customers to select Afterpay as a payment method at checkout. Sellers will receive the full amount upfront. Learn more about how Afterpay works on their website.
The Afterpay processing fee is 6% + 30¢ (excluding GST) per transaction.
Square sellers using Afterpay get paid the full amount at the time of purchase, minus a processing fee on the total order. Enabling Afterpay with Square is free—there are no monthly fees or startup costs. You only pay when you make a sale. No processing fees are charged on the remaining instalments or if your customer makes a late payment.
Note: Afterpay rates are fixed and do not vary by subscription type, hardware, or custom pricing.
Enable or Disable Afterpay
To enable or disable Afterpay payments on your Square Online Checkout payment links:
From your Account & Settings page, go to Business information > Payment methods.
Under Afterpay, select ••• > Edit settings.
Toggle the Online option on or off, then select Save.
When enabled, the Online option ensures you can offer Afterpay to customers on your Square Online Checkout links. If disabled, customers can’t use Afterpay to check out.
Note: The setting for online payments with Afterpay is global and applies across all Square products that can also take Afterpay payments online. This includes other online platforms such as Square Online and Virtual Terminal. There isn’t a way to disable Afterpay only for Square Online Checkout links at this time.
Eligibility for Afterpay is dependent on several factors, including how your business is structured and what you sell. Here are some notes to keep in mind:
You must be in an approved merchant category.
You must be based in Australia or the United States.
Sellers cannot have multiple Tax Identification Numbers (TINs) or business numbers (such as ABNs).
Restricted digital goods or services are not eligible at this time.
Afterpay will not be an available option if an item cost or cart total is outside of the eligible purchase range. The default ranges in your account are based on what type of business you have.
Custom pricing is not supported at this time.
Cross-border orders are not supported at this time.
Review our Afterpay Merchant Terms for more information on eligibility, merchant categories and more.