Famous for its “Buy Now, Pay Later” tagline, Afterpay has made payment transactions much simpler and more convenient. The whole concept of Afterpay is similar, if not identical to how a credit card functions. Like a credit card, you will have to pay back the amount spent in installments which you can set in the app (available in IOS and Android Play Store).
Given its convenience, you might be wondering if Afterpay is accepted in all Target stores. Because if it is accepted, your shopping at Target would be so much easier. Gone are the days of rummaging through your pockets or handbag looking for cash, or finding your wallet to take out your credit card.
Afterpay is a great substitute to replace your conventional credit cards. You can just whip out your smartphone, make a payment, and be on your way. You may not even need to bring out your wallet in the future thanks to advancements in contactless payment.
So the big question is, does Target allow Afterpay? If you’re an avid shopper at Target, this article is for you. Read on to find out more about payment methods accepted by America’s 7th largest retailer!
Does Target Accept Afterpay?
Yes, Target does accept Afterpay in all its 1,931 locations across the United States. Customers are able to make payments via Afterpay both online and in-store. Order value must be within $1 to $2,000 and $0 to $1,000 respectively.
If you are a fan of Target, there is good news. You can pay for your orders using Afterpay. Afterpay is an interest-fee payment method that provides a seamless shopping experience when checking out. With credit cards, you have to pay a certain percentage of interest.
However, Afterpay does not charge any interest fees to their customers on the condition that users pay on time. This is the single most unique feature of Afterpay that makes it better than credit or debit cards.
How Does Afterpay Work?
Essentially, Afterpay is an online payment method that allows users to make purchases and pay back later with no interest charge or credit checks. Thousands of retailers worldwide have adopted Afterpay due to its growing acceptance and demand.
Afterpay can be used when shopping online or in-store via the Afterpay mobile app available in IOS and Android. Users are required to repay the amount within a period of 6 weeks. If the total amount is paid off in full in 6 weeks or earlier, no interest is charged. Payment is divided equally into 4 installments with an initial down payment.
Although Afterpay does not state a minimum purchase amount, retailers may impose a required minimum of your receipt.
Does Afterpay Charge Any Fees?
Afterpay is interest-fee; however, they can charge late fees if you pay after the 6-week period. The late fee for US users is capped at 25% of the total purchase amount.
For example, if your order is worth $100, the late fee charged will be $25. This brings your total payment to $125, which would be far more costly than a credit card payment. The late fee is considerably high at 25% to ensure customers pay on time, and the late fee is a main source of revenue for Afterpay.
Afterpay does not charge extra fees or penalties for early payment if you want to settle your installments early. So feel free to pay earlier if you can.
How To Use Afterpay In Target?
Using Afterpay during your check-out is fairly simple. In fact, it’s similar to other cashless/contactless payment methods that are app-based. Follow these quick steps:
- Download and open the Afterpay app
- Create your account
- Select ‘Card’ and follow the instructions to set up your Afterpay card and digital wallet
- Activate your Afterpay Card in the app
- Make payment using Apple Pay or Google Pay
- You’re done!
- Shop for items on the Target mobile app (IOS and Android)
- Select Afterpay at checkout
- Log in to your Afterpay account
- Your order will be shipped to you within the given period
Creating an Afterpay account is pretty straightforward. Try to create an account before heading to Target so that you’ll save more time. There are many other contactless payment methods Target accepts like Apple Pay and PayPal.
Does Target Have An Afterpay Limit?
Yes, Target has an Afterpay limit. The Afterpay limit is different when shopping online and in-store. For online purchases, you need to spend a minimum of $1 and a max of $2,000. For in-store purchases, you have to spend between $0 and $1,000.
You will not be able to use Afterpay at checkout if your receipt total exceeds the threshold limit. It’s unlikely you’ll be spending over $1000; if you do, be ready with an alternative payment method (for shopping at Target).
Different retailers can set their own limits for Afterpay. Check out your retailer’s website to be sure.
What Are The Benefits of Using Afterpay at Target?
When it comes to the benefits of Afterpay, the first is convenience. Afterpay eliminates the need for cash and coins. You can quickly and conveniently checkout at the touch of your mobile phone. Hassle-free and easy!
Another plus exclusive to Afterpay is the ability to purchase products without paying the total upfront. A credit card does that too but interest is charged. Afterpay has zero interest or other types of fees.
Afterpay allows you to pay back in 4 installments. This will help to ease the financial strain by spacing out your cash outflow.
Afterpay is available in-store and online. Whether you prefer shopping online or in-store, Afterpay can be used. However, be aware that the Afterpay limit varies online and in-store.
Target does take Afterpay which is available in-store and online via its mobile app. Afterpay is an interest-free payment method with no credit checks. It makes your checkout process much smoother. Repayment is divided into 4 installments over a 6 week period.
No late fees are charged as long as the customer pays off the loan within the period. To use Afterpay in Target stores or the Target mobile app, simply login to your account and make a payment. For in-store purchases, use your Afterpay Card through Apple Pay or Google Pay.
Overall, Afterpay offers many enticing perks to shopping and payment methods. Compared to your traditional credit card, Afterpay definitely sounds better.
Do you use Afterpay? How’s your experience with Afterpay so far? Let us know in the comments below.