Does Amazon accept Afterpay? (What to know!)
Whether you’re looking for new books, clothing, or anything fancy, you can always rely on Amazon for great prices and fast shipping. But what if you don’t have enough cash on hand? In the modern world, consumers are always looking for simple and convenient ways to shop and pay.
Afterpay is a great example, as the Buy Now Pay Later program is the perfect alternative to traditional credit cards.
Does Amazon accept Afterpay? If you’re an Amazon lover, this might be the question you want answered. So, read on to learn more about the online retail giant’s payment options.
Does Amazon accept Afterpay?
Unfortunately, as of 2022, Amazon does not accept Afterpay. Instead of this payment method, the company offers special financing to Amazon cardholders or shoppers who buy Fire tablets, Kindle e-readers and Alexa devices.
Alternatively, Amazon customers can use Afterpay at Forever 21, PetSmart, Old Navy and Bed Bath & Beyond.
This helpful guide will help you understand why Amazon doesn’t accept Afterpay. To learn more about Afterpay and Amazon, keep reading…
Why isn’t Amazon on Afterpay?
Essentially, Amazon doesn’t accept Afterpay because the big e-commerce retailer considers it a not-for-profit business. While most stores now offer Afterpay to incentivize their shoppers and offer more flexible payment arrangements, Amazon’s stakeholders have no interest in incorporating Afterpay into this rapidly growing e-commerce platform.
Several home and clothing retailers are making the most of Afterpay and realising it works well for their shoppers.
You can’t say the same about Amazon, however, as it doesn’t rely on this payments platform to attract customers, thanks to their millions of loyal shoppers who have proven over time that they will continue to shop even without the Afterpay option Amazon.
But that’s not to say the internet market won’t consider Afterpay in the future. If anyone can guess, Afterpay will experience huge growth over the next few years.
Ultimately, consumer activity and demand will lead Amazon to adopt more flexible payment methods.
But as of 2022, even without the inclusion of Afterpay or similar schemes, Amazon is still the leader in e-commerce.
Are there any hidden fees for Amazon Pay Later?
No, there are no hidden fees in Amazon Pay Later. Amazon Pay Later users can pay their balance in installments. If you do this, no interest will be charged. You only pay back the amount you spend.
Can you buy now and pay later on Amazon?
As the name suggests, Buy Now, Pay Later allows you to buy first and pay later. Klarna and Afterpay are the most popular financial services companies in the US, and several are joining the ranks. Unfortunately, for consumers who prefer to buy now and pay later, Amazon doesn’t offer this option.
While you can’t choose between Klarna or Afterpay at Amazon checkout, you can get monthly payment plans if you buy specific Amazon devices. This attractive payment method is reserved for those products developed directly by Amazon and sold under the brand name. Such products include Fire tablets, Echo smart home devices and Kindle e-readers.
If you decide to buy any of Amazon’s top tech products, Product Details Age should show you any available payment plan options. You must make the initial payment before Amazon ships the device to you, and complete the remaining amount within four months.
In addition to offering monthly payment plans for some of its items, Amazon also offers promotional financing for any eligible purchases you make with your Amazon credit card.
Once you’ve signed up and been approved for an Amazon Store Card, you’ll have access to other payment methods and special offers when shipping on the Amazon app or website.
You may also be interested: Can Amazon use PayPal Credit?
Which online retailers accept Afterpay?
While Amazon may not accept Afterpay, many of its competitors do, especially clothing retailers.
Generally speaking, there are currently 7,400 merchants, mainly in the beauty and apparel space in the US, currently accepting Afterpay.
They include Old Navy, Levi’s, Urban Outfitters, Pacsun, UGG and Forever 21, among others.
Other brands working with this payment method include Credo Beauty, MAC Cosmetics, London and Jo Malone.
While Amazon sells a wide range of affordable household items, shoppers who prefer to buy now and pay later may prefer its competitors, such as The Container Store or Bed Bath & Beyond, as both companies accept Afterpay.
Also, Amazon is a popular place to buy accessories, but if you prefer to buy now and pay later, you might want to consider Crocs, Pandora, and Steve Madden, among many other retailers.
How does Afterpay work?
Afterpay is a well-known Australian company that provides an easy and convenient way to buy goods from retail stores. You can apply for an Afterpay account with a debit or credit card.
Afterpay allows you to pay in four equal instalments after your purchase. This is a great way to make sure you always have money when your payments are due.
Another benefit of using Afterpay is that you can use the payment method for both in-store and online purchases. You can even choose between billing full price and paying in installments.
Afterpay gives you an easy way to make instant purchases at your favorite stores when you need them. This is especially useful when you need to buy clothing right away or have been saving up for new items.
Retailers also find Afterpay amazing because it allows them to reach more customers with little effort.
How does Afterpay work with debit cards?
You can use your debit card with Afterpay as you would use it anywhere else. If you only want to pay $100 or less, you can, as long as the purchase does not include tobacco products or alcohol.
While it’s not common for debit cards to be used for cash advances, most bans allow them to be used with Afterpay. So if your bank doesn’t allow this, it’s wise to keep using your credit card while using Afterpay.
You may also want to see if your bank charges zero fees, as these can accrue over time if charged monthly.
As such, you will have to pay these fees and the standard APR after the card is purchased. After completing the transaction, the payment will be debited from your account on the due date.
Want to learn more about Amazon? Check out these articles to find out if you can use Google Pay on Amazon, what to do if your Amazon order shows delivered but you haven’t received it, and can you return an open item to Amazon?
Amazon may not currently accept Afterpay, but it has a few select items that you can pay monthly.
In addition, the internet retailer offers cardholders special financing and equal monthly payments, as well as monthly plans for Fire tablets, Kindle e-readers, smart home speakers and similar devices.
If you’re looking to buy a wider range of products through Afterpay, you may want to check out Old Navy, PetSmart and Forever 21, as well as several other retailers.