If you’re an e-commerce retailer with Afterpay added to your store, you might be curious about how much your customers can spend with Afterpay on your website and how to manage all these payments effectively.
Well, you’re in the right place. In this article, we’ll discuss why the Afterpay transaction limit is $1,500, as well as some other questions about this ‘buy now, pay later’ service.
How does Afterpay work?
Afterpay Pay-in-4 is a way to purchase goods that’s quickly growing in popularity — you can even buy groceries with Afterpay. If you’re not familiar with how it works, here’s a brief overview: Afterpay is a service that allows customers to buy items from your store and then pay for them over four equal installments, interest-free.