Amazon, the e-commerce giant, has been a go-to platform for millions of shoppers around the world. However, there has been speculation and curiosity among consumers regarding when Amazon will reintroduce Afterpay as a payment option.
In this post, we will answer this question, explore some possible reasons for Amazon’s decision, and discuss potential workarounds for those eager to utilize this popular “buy now, pay later” service.
Possible Reasons for Amazon’s Suspension of Afterpay:
- Amazon’s own financing program: One significant factor contributing to Amazon’s suspension of Afterpay is its own financing program called Amazon Pay Later. This program allows customers to split their purchases into four payments over a six-week period, mirroring the structure of Afterpay. It is plausible that Amazon made the decision to promote its own financing service and simplify the payment process for its customers.
- Fees: Afterpay imposes fees on merchants for each transaction. It is conceivable that Amazon, being a major retailer with substantial sales volumes, was dissatisfied with the fees charged by Afterpay. Seeking to optimize its cost structure and improve profitability, Amazon may have decided to discontinue Afterpay.
- Competition: The rise of alternative “buy now, pay later” services, such as Klarna and Affirm, has intensified competition in the market. Amazon might have been concerned about the growing popularity of these services and their potential impact on its market share. In response, Amazon could have temporarily halted Afterpay to assess the competitive landscape and develop its strategy accordingly.
When will Amazon be back on Afterpay
There is no official announcement yet on when Amazon will be back on Afterpay. Amazon may reconsider bringing back apyerlay into their system. But in the meantime you can follow some workarounds to get what you want.
Workarounds to Use Afterpay on Amazon:
- Purchase an Amazon gift card: To continue using Afterpay on Amazon, one workaround is to purchase an Amazon gift card using Afterpay as the payment method. Once you have the gift card, you can use it to make purchases on Amazon, effectively utilizing Afterpay indirectly.
- Create a single-use Afterpay credit card: Another alternative is to generate a single-use Afterpay credit card. This virtual card functions like a regular credit card, allowing you to shop on Amazon and split your payments into four installments over six weeks. This method enables you to enjoy the benefits of Afterpay while bypassing Amazon’s suspension of the service.
Conclusion
While there is no official word on when Amazon will resume accepting Afterpay, it is essential to consider the potential reasons for the suspension.
Amazon’s own financing program, concerns about fees, and competition from other “buy now, pay later” services might have influenced this decision.
In the meantime, consumers interested in using Afterpay on Amazon can utilize workarounds like purchasing gift cards or creating single-use Afterpay credit cards.
As always, it is advisable to stay updated on any official announcements or changes from Amazon regarding its payment options.
