Keyword Analysis & Research: afterpay

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What is Afterpay and how does it work?

How Afterpay works. Afterpay acts as an intermediary platform between retailers and customers. Afterpay pays the retailer upfront for the goods – and then the customer pays back Afterpay. While you may get the instant gratification of your purchase, you'll need to commit to making four fortnightly payments over eight weeks.

What is Afterpay, and what are its risks?

Afterpay makes it easy for consumers to put small retail purchases on credit. However, there are risks of Afterpay. For consumers, Afterpay will charge late fees for missed payments. They may also refer the account to a debt collector or credit reporting agency. For retailers, Afterpay may complicate the refund process.

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