Afterpay and Paypal work as payment processing and transactions but the two are entirely different companies and offer different ways to pay when you shop. As of early 2019, Afterpay had over 4 million registered users worldwide and like PayPal Afterpay rose to fame in different countries. One thing to remember is that AfterPay is not available in Canada but can be used in US.
How to use AfterPay?
Like Paypal you first need to have an account with Afterpay US site as AfterPay is not available in Canada.
Like PayPal AfterPay is also all secure to use. Afterpay is a PCI DSS Level 1 certified compliant Service Provider organisation. PCI DSS is a comprehensive set of requirements created by the Payment Card Industry Security Standards Council to enhance cardholder data security and to ensure the safe handling and storage of sensitive credit card information and data. This is the highest level of security in the payment industry.
You can make a
purchase with one of your favorite stores found in the Shop Directory, simply choose
Afterpay as your payment method at checkout. If it’s your first time using
Afterpay, you will provide payment details as usual to complete your
Once your first order is approved, your Afterpay account is created. All you need to do is visit www.afterpay.com to set up a password, and you will be able to make more purchases using Afterpay by simply entering your log in details upon checkout.
The unique thing is that unlike PayPal it offers installment scheme to pay and shop online.
Note that Canadian online casinos are yet to offer AfterPay services to slot players so you won’t find any casino using AfterPay deposits.
Afterpay Touch is the owner of the popular “buy now, pay later” app.
What is the difference between PayPal Credit & Afterpay?
PayPal Credit & Afterpay both offer great payment plan options though there are a few differences between the programs that are worth outlining:
PayPal Credit offers a 6-month interest-free time period to pay your balance. For example, payments on a $399 order could be split into 6 equal payments of $66.50 per month or one could pay the minimum for 4 months and the entire balance on month,
PayPal monthly payment amounts are really up to you Afterpay breaks the total down into 4 equal payments over 6 weeks- the first being due at checkout For example, payments on a $399 order would be split into 4 payments of $99.75- with the first payment being due at checkout, and 3 additional payments of $99.75 due every two weeks following purchase.
PayPal Credit requires a traditional application using your social security number and provides an approval for a total $ limit. This is almost like a digital credit card. Afterpay does not require any type of credit check or application. You must have a valid and verifiable email address and mobile number, be an adult resident and have a credit or debit card in your name.