Afterpay has two ways to pay:

Pay in 4 — split your purchase into 4 interest-free payments over 6 weeks. Widely accepted online and in-store.

Pay Monthly — spread the cost of larger purchases over monthly instalments (6, 12, or 24 months). Interest applies unless a promotional rate is offered. Currently exclusively available with Apple.

They are separate products with separate spend limits and separate applications.

Pay in 4

Pay in 4 lets you buy now and pay over time, interest-free. Your purchase is split into 4 payments over 6 to 8 weeks.

Shop with one of your favourite stores in the Shop Directory and choose Afterpay as your payment method at checkout. First-time customers will need to create an Afterpay account and apply for a Pay in 4 account. Returning customers simply log in.

For online orders, goods are shipped to you by the retailer after checkout. For in-store shopping, download the Afterpay mobile app, follow the in-app instructions to set up the Afterpay Card, and use it with Apple Pay, Google Pay, or Samsung Pay to make a contactless payment at checkout. You'll pay 25% at the time of purchase and take your purchase home that day.

At any time, you can log in to your Afterpay account to see your payment schedule and make a payment before the due date. Otherwise, we'll debit payments on the due dates as outlined in your payment schedule.

If you have more than one instalment due on the same date and they use the same payment method, they'll be combined into a single transaction — you'll receive one payment confirmation email with a breakdown of each instalment. Orders paid with Apple Pay are processed individually.

Afterpay does not approve 100% of orders. We are committed to responsible spending. When determining which orders to approve, we consider a number of factors including: how long you've been using Afterpay, your payment history, the amount you currently owe, and the value of the order.

Pay Monthly

Pay Monthly is Afterpay's longer-term credit option, available at selected participating merchants. It's designed for larger purchases you'd like to spread over a longer period than Pay in 4.

How Pay Monthly is different from Pay in 4:

• Monthly payments instead of 4 payments over 6 weeks

• Your first payment is due one month after your order is created (or one month after activation, for items that ship later)

• Interest applies — the standard rate is 19.99% p.a. unless a promotional interest rate applies.

• The total cost including any interest, is shown upfront before you confirm your order

• Debit cards only — credit cards are not accepted for Pay Monthly, including credit cards stored in Apple Pay, Google Pay, and Samsung Pay.

• A separate application — we carry out a credit check and assess your income, expenses, and ability to make payments

• You must have an Afterpay account (Pay in 4) before you can apply for Pay Monthly

For full details, see About Pay Monthly at Apple.

Afterpay Australia Pty Ltd ABN 15 169 342 947, Australian Credit Licence 527911