Whether you are searching for new books, clothing, or anything fancy, you can always rely on Amazon’s great pricing and fast shipping. But what happens if you lack enough cash at hand? In the modern world, consumers are always on the lookout for easy and convenient shopping and payment ways.
Afterpay is a good example as the buy now pay later program is the perfect substitute for conventional credit cards.
Does Amazon take Afterpay? If you are an Amazon enthusiast, this is probably the question you want answers to. So keep reading to discover more about the online retail giant’s payment options.
Does Amazon Accept Afterpay?
Unfortunately, as of 2022, Amazon doesn’t accept Afterpay. In place of this payment option, the company offers special financing for Amazon cardholders or shoppers that 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 Is Amazon Not On Afterpay?
Essentially, Amazon doesn’t accept Afterpay as the massive e-commerce retailer finds it a non-profitable venture. While most stores are now offering Afterpay as an incentive to their shoppers and to provide more flexible payment arrangements, Amazon stakeholders have no interest in incorporating Afterpay on this fast-growing e-commerce platform.
Several home and clothing retailers are making good use of Afterpay and realizing it works well for their shoppers.
However, you can’t say the same for Amazon as it doesn’t depend on this payment platform to attract customers, thanks to millions of their loyal shoppers that have proven over time that they will continue frequenting Amazon even without the Afterpay option.
But that is not to say that the internet marketplace won’t consider Afterpay in the future. If anyone could guess, Afterpay will experience tremendous growth in the years to come.
Ultimately, consumer activity and demand will direct Amazon to adopt more flexible payment options.
But as of 2022, Amazon remains the leader in e-commerce even without incorporating Afterpay or similar programs.
Is There Any Hidden Charges in Amazon Pay Later?
No, there are no hidden charges in Amazon Pay Later. Amazon Pay Later users are able to pay off their balances in equal installments. If you do this, there will be no interest charged. You will simply be repaying the amount you spent.
Can You Buy Now, Pay Later on Amazon?
True to its name, buy now, pay later allows you to make a purchase then pay later on. Klarna and Afterpay are the United States’ most popular financial services companies, and several companies are joining this bandwagon. Unfortunately for consumers that love the idea of buying now and paying later, Amazon doesn’t provide this option.
While you cannot select Klarna or Afterpay at checkout on Amazon, you could get a monthly payment plan if you purchase select Amazon devices. This appealing payment offering is reserved for those products directly developed 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 gadgets, the product detail age should display for you any available options for payment plans. You will have to make an initial payment before Amazon ships the device to you and complete the remaining amount in four months.
Besides offering monthly payment plans on some of its items, Amazon also provides promotional financing on any qualifying purchases that you make using your Amazon credit card.
Once you’ve signed up and got approval for an Amazon store card, you will have access to additional payment options as well as special offers as you ship on the Amazon app or website.
You May Also Be Interested In: Can Amazon Use PayPal Credit?
What Online Retailers Accept Afterpay?
While Amazon may not accept Afterpay, many of its competitors do, especially clothing retailers.
Generally, there are 7400 merchants, mostly in the beauty and apparel space in the United States, currently accepting Afterpay.
They include Old Navy, Levi’s, Urban Outfitters, Pacsun, UGG, and Forever 21, among others.
Other brands in collaboration with this payment option include Credo Beauty, MAC Cosmetics, London, and Jo Malone.
Despite Amazon having a wide range of well-priced home items for sale, shoppers that like to buy now, pay later may prefer its competitors such as The Container Store or Bed Bath & Beyond as the two accept Afterpay.
Also, Amazon is a popular space to purchase accessories, but if you prefer to buy now, pay later, you might want to consider Crocs, Pandora, and Steve Madden, amongst other many retailers.
How Does Afterpay Work?
Afterpay is a renowned Australian company offering an easy and convenient way to purchase items from retail stores. You can use either a debit or credit card to apply for an Afterpay account.
Once you’ve made your purchase, Afterpay lets you pay in four equal installments. This is an awesome way of ensuring you always have money when the payment is 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 settling the full price and paying it in installments.
Afterpay offers you an easy way to make instant purchases at your favorite stores when you want to. This is particularly great when you need to purchase an outfit right away or have been saving up to get a new item.
Retailers also find Afterpay amazing as it enables them to get to more customers effortlessly.
How Does Afterpay Work With Debit Cards?
You can use your debit card with Afterpay just like you’d use it in any other place. If you only want to make a payment of $100 or much less, you can do so, provided the purchase doesn’t include tobacco products or alcohol.
While it is uncommon for debit cards to be used for cash advances, most bans allow them when used with Afterpay. So, if your bank doesn’t allow this, it’d be wise to carry on with credit cards when using Afterpay.
You might also want to check and see that your bank charges zero fees for doing so, as these fees can accumulate over time if charged monthly.
This way, you will have to pay these fees as well as the standard APR that follows the card’s purchase APR. Upon completing your transaction, the money is subtracted from your account on its due date.
Want to learn more about Amazon? Check out these articles to learn if you can use Google Pay on Amazon, what to do if your Amazon order says delivered but you haven’t received it, and can you return opened items to Amazon?
Amazon may not be accepting Afterpay currently, but it has some select items on which you can get monthly payments.
In addition, the internet retailer offers special financing and equal monthly payments for cardholders and monthly plans for Fire tablets, Kindle e-readers, smart home speakers, and devices of the like.
If you are looking to shop with Afterpay for a wider product variety, you might want to check out Old Navy, PetSmart, and Forever 21, among several other retailers.