What’s AfterPay
Afterpay is a popular buy-now-pay-later (BNPL) service that offers interest-free payment plans. Launched in 2015 in Australia, it became available in the U.S. in 2018 and has since gained widespread use, with over 13 million people in the U.S. having used Afterpay. The company sold $2 billion worth of products in the U.S. in November 2020 alone, according to a press release.
Can You Pay a Bill with Afterpay
One question that many Afterpay users may have is whether they can use the service to pay bills. The answer to this question depends on the specific bill and how you plan to make the payment.
To pay a bill in person, you’ll need to download the Afterpay app and obtain an Afterpay Card. This card can be used just like a credit card to make purchases and pay bills at retailers that accept Afterpay. You can also load the Afterpay Card into your Apple Pay or Google Wallet for contactless payments.
It’s worth noting that not all companies accept Afterpay as a form of payment. However, if you are able to pay your bills using Afterpay, it’s important to remember that this service is not without its costs. While the payment plans offered by Afterpay are interest-free, merchants who partner with Afterpay do so in exchange for a fee. This means that while you may not be paying interest on your purchases, you may be paying more in the long run than if you had paid in full at the time of purchase.
Overall, Afterpay can be a convenient way to pay bills and make purchases, but it’s important to understand how the service works and to be aware of any potential costs before using it.
FAQ
Can you pay off bills with Afterpay?
By doing so, you gain access to the Afterpay Card, which enables you to make purchases just like you would with a credit card.Additionally, you can add the Afterpay Card to Google Wallet or Apple Pay. If the business accepts Afterpay, you may then be able to use the card to pay bills up to your spending limit.
Can you borrow cash from Afterpay?
Even if you have bad credit, you can borrow money with Afterpay because it doesn’t run a credit check when you open an account.
Can I pay anything with Afterpay?
If you shop online, you can use Afterpay at any retailer you choose, whether or not that retailer offers it as a payment option at the checkout. You can use the virtual Afterpay card via the Afterpay app for a card number to input at checkout if it’s not available on the retailer’s website.
Can I use Afterpay for gas?
For years, businesses like Affirm, Afterpay, and Klarna have provided the choice to most retailers.But to offer the feature in 2021, Klarna partnered with Chevron, which also owns Texaco gas stations.