Afterpay
Afterpay is a buy now, pay later (BNPL) service that lets customers split purchases into multiple payments, typically four interest-free installments every two weeks. For larger purchases, some regions offer monthly payment plans with 6- or 12-month terms, which may include interest. By providing flexible payment options, Afterpay helps businesses increase conversions and boost average order values, while ensuring shoppers get their products immediately.