# Buy Now, Pay Later

Buy Now, Pay Later (BNPL) payment methods let buyers split their purchase into installments over time, while merchants are paid immediately and in full. Offering BNPL at checkout can increase conversion rates, boost average order values, and reduce cart abandonment.

Finix supports the following BNPL providers:

| Provider | Repayment Options | Availability | Recurring Payments |
|  --- | --- | --- | --- |
| **[Afterpay](/guides/online-payments/buy-now-pay-later/afterpay)** | Pay-in-4 (interest-free installments) | US merchants, USD transactions | No (one-time payments only) |


## Why Offer BNPL?

### Increase Average Order Value

BNPL options encourage buyers to make larger purchases by spreading payments over time. Merchants that offer installment payments at checkout typically see higher average order values.

### Reduce Cart Abandonment

Price is a leading cause of cart abandonment. BNPL removes the friction of paying the full amount upfront, helping more buyers complete their purchase.

### Get Paid Upfront

With BNPL, merchants receive the full payment amount immediately. The BNPL provider handles collecting installment payments from the buyer and absorbs the credit and fraud risk.

### Reach More Buyers

BNPL appeals to buyers who prefer not to use traditional credit or who want to manage cash flow across installments. Offering BNPL at checkout gives these buyers a payment option they trust.

## How It Works

1. The buyer selects a BNPL payment method at checkout.
2. The buyer is guided through the BNPL provider's authorization flow to review and confirm their installment plan.
3. Once approved, Finix creates a payment instrument and processes the transaction.
4. The merchant receives the full payment amount. The BNPL provider collects installments from the buyer over time.


## Available Providers

Afterpay
Let buyers pay in 4 interest-free installments. Available for US merchants processing USD transactions.