Afterpay (known as Clearpay in the UK) is a service offered by merchants (both online or in-store) that allows customers the ability to make purchases now and pay for them in four equal payments made every fortnight without any interest. For example, if a customer purchases an item for $100, he or she will pay 4 instalments of $25. There is no interest charged to customers for using this service. Failure to make their payments will result in a late fee. Customers are required to be over eighteen years of age to use the service.

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Articles Featuring Afterpay

FCA starts to push for buy now, pay later improvements

15th February 2022 | Oliver Smith

UK payments fintech Apexx Global hits US market

13th January 2022 | John Reynolds

2021 in Fintech and Alternative Finance: Part 2

30th December 2021 | John Reynolds

Monzo now offers virtual card payments for Flex

29th November 2021 | John Reynolds

BNPL provider Zilch marks one millionth customer 

30th September 2021 | Aisling Finn

BNPL boom: Affirm shares soar on Amazon deal

31st August 2021 | Daniel Lanyon

BNPL boom: Square is buying Afterpay for $29bn

2nd August 2021 | Daniel Lanyon

Lessons launching an Australian fintech in a pandemic

7th May 2021 | Ryan Edwards-Pritchard

Afterpay explores US listing after business booms

23rd April 2021 | Aisling Finn

Klarna said to be raising $1bn at $31bn valuation

24th February 2021 | Daniel Lanyon

The 4 firms taking on Klarna in 2021

21st December 2020 | Aisling Finn

Laybuy publishes UK buy-now-pay-later Code of Practice

30th November 2020 | Oliver Smith

How Klarna became Europe’s largest fintech?

12th August 2019 | Roger Baird

Klarna and Asos strike US deal

6th August 2019 | Roger Baird

Klarna launches in H&M US stores

27th June 2019 | Roger Baird

Klarna launches in-store payment service

2nd May 2019 | Roger Baird

Afterpay fine tunes UK expansion

28th March 2019 | Roger Baird

Afterpay pairs with Trade Me to enter New Zealand

31st May 2017 | David Tuckwell

FinTech: UK vs Australia

17th January 2017 | Matthew Parker