Afterpay is a buy now, pay later service that lets shoppers split purchases into manageable installments at thousands of online and in-store retailers. In the U.S., customers can pay in 4 interest-free payments or choose monthly installment plans (3–24 months at eligible partners) while managing everything in the Afterpay app, which also curates deals, brand roundups, and account reminders.

Afterpay helps people budget by sending payment alerts and capping late fees when they fall behind, while retailers use it as a flexible payment option to drive conversion, higher average order values, and customer satisfaction without taking on credit risk.