Australian buy now, pay later giant AfterPay has entered a transformational partnership that will give merchants using Stripe code the opportunity to offer customers the option of installment-based purchases. Ten years since launching, Stripe’s infrastructure powers hundreds of billions of euros of payments for businesses in over 140 countries and territories around the world.
The collaboration with AfterPay will enable Stripe merchants to introduce a four month installment payment plan for consumer purchases at the checkout.
The two companies are also teaming up with website-building platform Squarespace to offer the combined integration of Stripe and Afterpay to their ecommerce customers in Australia, New Zealand, and the US.
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