Does StockX have Afterpay in 2022? (renew!)
Owned by Block, Inc., Afterpay is one of the largest buy now pay later companies alongside Klarna, Affirm, Zip and Sezzle. As the pandemic began, people were hesitant to shop in person, and it took a hit financially. No wonder BNPL’s zero-interest, 6-week installment plan is so appealing.
The use of Afterpay spread across the UK and US, with thousands of retailers accepting it. But is StockX on that list, and if not, what are the alternatives?
Does StockX have Afterpay?
No, StockX doesn’t have Afterpay, but they do accept other Buy Now Pay Later options like Klarna, Zip and Affirm. Like Afterpay, they allow you to make interest-free instalments over a period of time according to the plan of your choice.
What is Buy Now Pay Later (BNPL) financing?
Buy Now Pay Later (BNPL) is a financing method in which users can purchase an item and pay the remaining amount in weekly or monthly installments. While it functions almost identically to a credit card, consumers prefer BNPL for its lower interest rates, easier use and lack of credit checks.
The biggest players in the short-term funding market are Afterpay, Klarna, Zip and Affirm. They have quickly grown into multi-billion dollar companies during the coronavirus pandemic.
Unemployment, reduced disposable income and reliance on online shopping during the lockdown mean customers have to find other ways to buy essentials without breaking the bank. Naturally, BNPL’s zero-interest financing and flexible payment schedule became the preferred choice for credit cards and their high interest rates.
Does StockX have a “buy now, pay later” option?
yes! StockX accepts Klarna, Zip and Affirm. Unfortunately, the much-hyped sneaker market doesn’t support Afterpay.
notes: The Buy Now Pay Later option may not be available in your country. Head over to their official page to see if you can use Klarna, Zip and Affirm in your country.
How to use Klarna in StockX
Klarna will not charge you any interest for purchasing StockX products using its platform. You’ll pay the first payment at the time of purchase, then pay the remaining instalments every two weeks or monthly, depending on the plan you choose.
Here’s how to use Klarna in StockX:
1. Download Klarna on your phone.
2. Register your free account.
3. Open the Klarna browser page.
4. Search StockX and add the item you want to your cart.
5. Choose pink “K Payment” button at the bottom.
6. Follow the on-screen prompts to complete the purchase.
How to use Zip with StockX
With Zip, you pay 25% of the fees due up front and pay the rest in 3 instalments over 6 weeks. Here’s how to use Zip in StockX:
1. Download Zip on your phone and create a free account.
2. Go to “online” tab and search for StockX.
3. Add the item to the cart as usual.
4. On the checkout page, select “Pay with zip code”.
5. Make sure the stated amount matches your purchase.
6. Follow the on-screen instructions and confirm your card details to complete your order.
How to use Affirm in StockX
Like Klarna and Zip, Affirm allows users to purchase StockX products and make 4 interest-free payments every 2 weeks.
Here’s how to use Affirm in StockX:
1. Shop on StockX as usual.
2. During checkout, select Affirm at “Or continue:” section below.
3. If you are a new user, you will be prompted to create an Affirm account.
4. Select your preferred payment plan. You can choose between interest-free biweekly payments or monthly payments at different rates.
5. Please make sure your details are correct before selecting “confirm”.
Payment methods accepted by StockX
If you prefer to opt out of BNPL, you can still shop on StockX using one of the many payment methods accepted by StockX:
– All major credit cards
– debit card
– gift card
– Alipay
– Paypal
– Apple Pay
– Google Pay
Why doesn’t StockX accept Afterpay?
StockX did not reveal the reasons for its not accepting Afterpay, which seems like a wise decision considering its biggest rival GOAT has.
It’s worth noting that Afterpay charges merchants 5% per transaction, not to mention the setup and maintenance fees that come with it. Given that StockX already accepts most major BNPL services, they may be busy with more pressing issues to accept Afterpay.
in conclusion…
StockX does not have Afterpay but accepts alternative BNPL services such as Klarna, Zip and Affirm.
Given StockX’s openness to “buy now, pay later” payment options, it’s likely only a matter of time before they adopt Afterpay as well.
