Using Afterpay for Trademe listings – OMINS
TradeMe recently announced that they will be including Afterpay as a payment option for your listings. We have written a guide to walk you through on enabling this payment option to your listings using OMINS.
First of all, let’s discuss why having Afterpay is a good addition to your listings:
What is Afterpay?
- Afterpay is a company that gives online merchants an option for their customers to have a buy now pay later structure of payment. It is almost the same as lay-by, the difference is you get to take home your purchase before you’ve finished paying for them.
Who can use Afterpay?
- The only requirement is that you need to be 18 or above and must have a debit/credit card linked to your Afterpay account.
How does it work and its benefit?
- The merchant will receive full payment and the buyer will arrange payments with Afterpay. Payments will be structured into four equal fortnightly installments.
- It is always better to have more options for your buyers in terms of payments. Opening this avenue of customer convenience can increase your listings’ conversion.