You can find more information about these two parameters here

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Trader fees Again, as is common with most Buy Now Pay Later service providers, a merchant is required to pay a certain amount for each transaction successfully facilitated by Afterpay. The standard rate here is 30 cents plus a variable rate. Depending on numerous unique elements, the variable fee can be between 4 and 6%. However, the exact fee a merchant must pay is determined by the value and volume of all transactions performed. But usually, merchants who see more traffic and sales or who sell more expensive goods and products pay lower fees.


It is worth noting that the variable fee charged on purchases by merchants generates cash app phone number list the highest revenue for Afterpay. Another point worth noting is that a merchant can choose to sell all of their items without using Afterpay. However, according to Afterpay, offering the option of paying in installments can significantly increase buyer conversion. In addition, it can increase order value by as much as 20%. But in addition to helping merchants generate more revenue, Afterpay imposes a merchant fee to mitigate the risk of a consumer defaulting on their payments. Late Payment Fees Afterpay also has a late payment policy that it implements if consumers fail to meet their obligations by the due date.


As such, anyone who fails to make a scheduled payment will be required to pay this amount. The amount a consumer can expect to pay for late payments varies depending on a number of factors. For example, the initial late payment fee is $10. However, an additional $7 may also be charged if the consumer has not fulfilled their responsibility seven days after the original due date. It’s also worth noting that for orders under $40, no matter what, you won’t be charged more than $10 for late payment. But for orders in the range above that price tag, late payment fees are capped when they reach 25% of the original order value.