Afterpay and Stripe are joining forces to offer Stripe merchants Afterpay's payment service through a simple integration.
The partnership offers both new and existing retailers of the technology company Stripe the opportunity to receive their items immediately and pay in four installments.
Companies on Stripe can accept Afterpay in minutes – there is no application, onboarding or subscription process to get started.
"Stripe is excited to partner with Afterpay to make it easy and quick for online businesses to offer their customers 'buy now, pay later'," said Noah Pepper, Stripe's executive director for APAC.
"We have seen strong demand from users around the world for flexible payment options. This partnership provides companies on Stripe with a powerful tool for increasing sales and reaching new customers."
With Squarespace, the payment service will also be extended to e-commerce platforms.
Merchants can easily create a fully integrated checkout experience while maintaining the look of their brand.
Paul Gubbay, Squarespace's Chief Product Officer, said, “Afterpay has been one of the most requested features from our customers.
“With this partnership, we are pleased to offer our retailers even more flexibility in processing their transactions with their customers and to be able to increase sales without having to forego design elements that are unique to their brand.
"By partnering with Stripe and Squarespace, we're equipping retailers with the tools to meet this consumer demand. We're giving the younger generation the ability to use their own money and pay over time, always interest-free."
