What are Clearpay, Afterpay, Affirm and Klarna?
Afterpay, Clearpay, Affirm and Klarna give your customers a way to pay for purchases in installments.
Afterpay, Clearpay, Affirm and Klarna immediately pay you in full and collect the remaining installments from your customer over time.
Please note that Afterpay and Clearpay are the same entity but have different names based on your location.
Buy Now Pay Later options come up when the customer follows thesee steps:
Pay With Card
Pay Another Way
The additional payment options will show afterr the customer selects "Pay another way"
Important:
You must have a Stripe account connected to your Snipfeed in order to offer “Buy now, Pay Later” to your customers.
Creators and Customers must be located in the same country/currency to be eligible for the pay later option.
How to Add a “Buy Now, Pay Later” Payment Plan to Your Products or Services?
1. Make sure you have a Stripe account connected to your Snipfeed.
2. Become a Snipfeed Pro member.
3. “Buy now, Pay later” options will automatically appear* as payment methods when a customer is at checkout on your Snipfeed.
*At Klarna, the option to pay in installments depends directly on Klarna and the customer's profile.
How to disable "Buy Now, Pay Later" Payment Plan to Your Products or Services?
Go to Settings
Then select Payment
Scroll to Buy Now, Pay Later section
Select what you want to do with
If you have any further inquiries about PayPal, kindly refer to the following information:
Fee Transactions | Afterpay, Clearpay, and Affirm have different transaction fees than the standard Stripe fee. Please find details on these fees below:
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Countries Supported | Afterpay & Clearpay support 6 countries (United States, Canada, United Kingdom, Australia, New Zealand, France, and Spain) and 6 currencies (USD, CAD, GBP, AUD, NZD, or EUR).
Affirm is available for customers in the United States and Canada and supports USD and CAD.
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Is there a fee to sign up for Buy Now and Pay Later services for creators? | No, there is no fee. Creators only pay a percentage of their sales which is usually 6% of the sales (including the Stripe fee) + 30c.
NOTE: Customers do not pay any fee when they make a purchase via Snipfeed, it’s the merchants who share the fees.
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Disputed Payments | Afterpay covers disputes driven by consumer fraud or inability to repay installments. If a customer claims that you didn’t deliver the relevant goods as expected, Afterpay may send you an email to request additional information. If Afterpay receives a large volume of customer complaints, these disputes may turn into chargebacks, with funds withdrawn from your Stripe account.
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Refunds | You can refund Afterpay charges up to 180 days after the original payment. Refunds for Afterpay payments are asynchronous.
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NOTE: Stripe can accept payments from customers in the same country where they registered their Stripe accounts. Payments must also match the local currency of the country. In simple terms, buyers and sellers have to be based in the same country and use the same currency.
For more information, kindly refer to:
If you have any other questions, please contact our support team at [email protected]