Accept Installment Payments with Afterpay and Clearpay

Accept Installment Payments with Afterpay and Clearpay

By Michael Chen

January 15, 2025 at 04:55 PM

Afterpay and Clearpay are payment solutions that let customers split purchases into four interest-free installments while merchants receive the full payment upfront.

Merchant Eligibility Requirements:

  • For Afterpay: Must be in US, Canada (except Quebec), New Zealand, or Australia
  • For Clearpay: Must be in the UK
  • Must use Squarespace Payments or Stripe
  • Must sell physical products only
  • Must meet Stripe's eligibility criteria

Customer Requirements:

  • Must be in same country as merchant
  • Order total must be over $1/£1 and under country spending limit
  • Must meet Afterpay/Clearpay credit requirements
  • Cannot use local pickup option

Processing Fees:

  • Afterpay: 6% + $0.30 per transaction
  • Clearpay: 6% + £0.30 per transaction
  • Additional fees vary by Squarespace plan

How to Enable:

  1. Open Payments panel
  2. Click Manage Settings
  3. Go to Payment Methods tab
  4. Toggle Afterpay/Clearpay on

Customer Checkout Process:

  1. Select Afterpay/Clearpay at checkout
  2. Enter billing address
  3. Log in or create account
  4. Review payment plan
  5. Confirm transaction

Refund Policy:

  • Full refunds return payment to Afterpay/Clearpay
  • Partial refunds adjust remaining payment plan
  • Processing fees are non-refundable

Support:

  • Customers should contact Afterpay/Clearpay directly for:
    • Payment plan questions
    • Purchase approval issues
    • Credit limit inquiries

To disable the service, toggle it off in Payment Methods settings. Existing payment plans will continue until completed.

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