-
Convenient
Allows customers to pay for purchases in installments
-
Easy to use
Simple and straightforward checkout process
-
Increased sales
Can increase sales by offering customers a flexible payment option
-
Limited availability
Only available in certain countries and for certain types of purchases
-
High fees
Merchants may have to pay high fees to use the service
-
Risk of non-payment
Merchants may not receive full payment if customers default on their installments
- Can expand to new countries and markets
- Can form partnerships with more merchants to increase availability
- Can add new features to attract more customers and merchants
- Facing competition from other similar services
- May face increased regulation and scrutiny from governments and financial institutions
- May see decreased usage during economic downturns when customers have less disposable income
Ask anything of Afterpay with Workflos AI Assistant
https://www.afterpay.com/
Sign up for free
Review Distribution
-
👍
High - rated users
It allows people to pay over time which drastically increases sales.The admin page of afterpay is limited and doesn’t allow for many things but the new UI looks promising.
-
👎
Low - rated users
At first it was a convient way to purchase what you WANT without making any sacrifices to you important and necessary bills. I would use the service to by clothing, perfumes, sneakers etc.AfterPay is good until you have an issue. The company causes issues that impacts your account for months at a time and the consumer has no control over what happens! In the end a fun service turns to an unnecessary nightmare!My problems started when I received an Email from Afterpay support that my account had been Hacked. I responded to the Email and that was the beginning of the end. You would think changing my password would be fix the issue but it wasn’t. The various agents working on my case forgot the reason of my inquiry to THEIR email turned into me reaching out to them to report a breech in my account. This took over 2 months to resolve! If they had PHONE SUPPORT, this would have never been an issue.
Media
Afterpay Plan
