Payment method - Afterpay – aXcelerate Support

We have an Afterpay merchant facility and would like to offer customers the ability to pay with that method when enrolling online, at the payment gateway.

Afterpay is native to online commerce, however, presently we can only offer 'in-store' as a payment option, which involves several admin touches/time and resources - either in person or over the phone.

This is our preferred method for a payment-plan type of service, as the risk of default is assumed by Afterpay, by way of a fee higher than a normal transaction. Funds are remitted, less fees within 24 hours, with no collections, payment revisions or follow ups required by the merchant.

API documents for reference

Is this a consideration for anyone else, and is integration into the payment gateway something that can be added?

Thanks.

Rod Staines

19 May 2020 06:51

Hi Jeff,

Thank you for your submission and suggestion.

I am interested to hear what the aXcelerate community think of an Afterpay integration.

I can tell you that our team do not currently have any plans for an Afterpay integration.

Kind regards,
Rod.

Calvin Young

20 May 2020 05:40

Jeff makes some very valuable points. Afterpay would be so much easier than managing payment plans.

My only consideration is that Afterpay spending limits might be lower than the majority of full courses unless there were some strategies to address that.

Jeff Lamb

25 May 2020 00:13

Hi Calvin, the Afterpay spending limit for existing customers is determined by an individuals payment history, and their repayment method. Customers new or old, however, who choose to link a credit card as their default payment method are offered a higher limit - I believe this to be from $500, up to $1500. We are having such success with being able to offer the Afterpay solution, we no longer have a need to offer eway based 'conventional' payment plans.

Payment method - Afterpay

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