Afterpay is a payment service that allows clients to pay for retail products, services and packages, both online and in store. The business immediately receives the payment in full, while the client pays off their balance over four fortnightly instalments.
To find out more about Afterpay and how it works with Timely, check out our Getting started with Afterpay guide.
Afterpay is currently only supported in New Zealand and Australia.
Create a merchant account at Afterpay
Before you can take payments via Afterpay, you will need to sign up for a merchant account with Afterpay. There is a vetting process with a number of required steps, which Afterpay will take you through:
- Register your interest in being a merchant with Afterpay:
- You will then be required to complete a "Know your Customers" form.
- Nominate a bank account for your merchant settlements to be paid into.
Then Afterpay will inform you once the account is all set up and we will connect your Timely account to your new Afterpay account for you.