You can easily enable Afterpay through Finix's low-code products. Afterpay lets your buyers split their purchase into four equal, interest-free installments paid every two weeks—known as Pay-in-4—giving them a flexible way to pay without entering card details upfront.
Afterpay is available for US-based merchants. Transactions must be in USD. Afterpay supports transactions between $1.00 and $2,000.00 USD.
Afterpay is currently in Early Access. To enable it on your Finix Application, reach out to your Finix point of contact or email support@finix.com.
When a buyer selects Afterpay at checkout, Finix handles the authorization and processing flow automatically:
| Step | Action | Details |
|---|---|---|
| 1 | Buyer opens checkout | The buyer navigates to a Payment Link or Checkout Page with Afterpay enabled. Afterpay appears alongside any other enabled payment methods. |
| 2 | Buyer selects Afterpay | The buyer taps the Afterpay button to begin the authorization flow. |
| 3 | Afterpay authorization | A popup modal opens. The buyer logs into their Afterpay account, reviews their installment schedule, and confirms the payment. |
| 4 | Finix processes the transaction | Once the buyer confirms, Finix automatically creates the payment instrument and processes the transaction. No additional steps are needed on your end. |
Afterpay splits the purchase total into four equal, interest-free payments—one charged at checkout, then one every two weeks. For example, a $200.00 purchase becomes four payments of $50.00 each. Afterpay determines the buyer's eligibility and presents the schedule before the buyer confirms.
Afterpay's installment plans encourage buyers to make larger purchases by spreading payments over time. Merchants typically see higher average order values when offering Buy Now, Pay Later options at checkout.
By offering a flexible payment option at checkout, buyers are less likely to abandon their cart due to price concerns. Afterpay removes the friction of paying the full amount upfront, helping more buyers complete their purchase.
Afterpay payment instruments are designed for one-time use. Each checkout session creates a short-lived token that is consumed after the transaction is processed. This is ideal for single purchases where the buyer selects Afterpay at checkout.
Unlike Cash App Pay which supports saved payment methods for recurring use, Afterpay instruments are tied to a specific checkout session and are automatically disabled after use or when the token expires (~60 minutes).
Afterpay has higher decline rates than traditional card payments. Finix recommends offering Afterpay alongside other payment methods—such as card or bank account payments—so buyers have an alternative if Afterpay is unavailable for their transaction.
Afterpay is not available for all business types. Review Afterpay's acceptable use policies to confirm your business is eligible before integrating.
Finix does not send shipping address or item-level data to Afterpay. Collecting a shipping address in a Payment Link or Checkout Page does not affect Afterpay approval rates.
Refunds for Afterpay transactions are handled the same as all other Finix refunds. See Refunds for more information.
Disputes follow the standard Finix dispute process, which runs approximately 45 days. For fraud disputes, Block Inc bears the fraud liability. Finix receives a notification for fraud disputes but takes no action, and fraud disputes do not appear in the Finix UI. See Disputes for more information.