Afterpay (Australia)
Country: Australia (AU) | Payment Rail: bnpl
BNPL
Market Adoption: 70%
Afterpay Australia is Block's native Australian BNPL service providing 4 interest-free bi-weekly installment plans with auto-debit.
🔄 User Payment Flow
- Customer selects Afterpay at checkout
- Customer logs into Afterpay account and approves 4 bi-weekly installments
- Afterpay approves transaction in real-time and debits 25% first installment
- Merchant receives 100% order payout while Afterpay collects remaining 3 installments automatically
⚙️ Characteristics & Settlement
| Instant Payment | YES |
| Supports QR | NO |
| Supports Recurring | YES |
| Supports Refund | YES |
🛠️ Merchant Integration Steps
- Merchant API calls acquiring gateway (Stripe / Adyen / Afterpay API) for session payload
- PSP issues payment token and Afterpay hosted checkout URL
- PSP receives Afterpay clearing webhook notification and confirms order status
🚀 Supported Payment Gateways & Acquirers (PSPs)
🔌 Stripe🔌 Adyen