The plan is to spread Afterpay services to Stripe merchants via an "easy and seamless integration," according to a press release. The companies said that “businesses on Stripe can start accepting Afterpay in minutes — there's no application, onboarding or underwriting process to get started.” The partnership will give shoppers the option to spread out their payments over four installments, without having to take out a traditional loan or pay any upfront fees or interest.
"Afterpay has been a top requested feature from our customers," said Paul Gubbay, chief product officer at Squarespace. "Through this partnership, we're glad to be able to offer our merchants even more flexibility in how they transact with their customers and increase topline sales without having to sacrifice the design elements that are unique to their brand."
https://www.pymnts.com/buy-now-pay-later/2021/stripe-afterpay-join-forces-to-expand-bnpl