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Afterpay: What Is It And How Does It Work?

Introduction

Afterpay is an Australian-based BNPL app that allows customers to pay off their purchases using interest-free installment payments. We reviewed several Afterpay features including available repayment terms, interest rates, and fees to help you decide if it’s right for you.

Company Overview

Afterpay is a BNPL app that was launched in 2015 in Sydney, Australia, and has expanded across Australia, the U.S., Canada, the UK (where it is called Clearpay), and New Zealand with millions of global customers and thousands of retail partners.

As of 2021, Afterplay is looking to expand across the European market into countries like Spain and Italy.

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