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Best Buy Afterpay: 5 Interesting Facts

adminJanuary 18, 2024

0 60 4 minutes read

One of the most common questions people ask is, Does Best Buy take Afterpay? And the answer is, absolutely. Best Buy now supports Afterpay as a payment option in its brick-and-mortar stores. At the register, customers have the choice to select Afterpay and divide their payments into convenient installments. This expansion allows customers to enjoy the benefits of Afterpay while making purchases at Best Buy’s physical locations.

How does AfterPay work?

Afterpay is a payment solution that allows customers to make purchases and pay for them in four equal installments over six weeks. Customers can use Afterpay both in-store and online, and they can discover Afterpay merchants through the Shop Directory, which generated 27 million referrals to Afterpay businesses globally last year. When checking out, new customers simply select Afterpay as their payment option and repay the amount in four installments over six weeks.

For businesses, the process is seamless as customers can use the Afterpay app and pay with digital wallets like Apple Pay, Google Pay, or Samsung Pay. If a customer misses a payment, they won’t be able to make further purchases until their payments are up to date. Late payments may also result in decreased spending limits and affect eligibility for the Pulse Rewards loyalty program. However, merchants are not impacted by missed payments. Afterpay’s goal is to help customers spend responsibly while providing a convenient payment option.

How Does Best Buy Take Afterpay?

Does Best Buy have Afterpay

Afterpay enables customers to make purchases at Best Buy stores using their mobile app. To do so, they need to download the app and set up their Afterpay Card. They can then utilize the card in conjunction with Apple Pay to complete their payment during checkout.

With Afterpay, customers are required to pay 25% of the total purchase amount at the time of the transaction, while the remaining balance can be paid in installments over time. These installments are divided into four parts and must be paid every two weeks.

Best Buy Afterpay: How It Works

Customers download the Afterpay app and create an account.
They make purchases either by using the Afterpay Card within the app or by selecting Afterpay as the payment option during online checkout.
Payment is divided into four equal installments spread over six weeks.
Customers complete their payments within the given timeframe to fulfill their financial obligations.

Does Best Buy Take Afterpay? 5 Interesting Facts

does best buy take afterpay

With the ever-changing landscape of online shopping, consumers are increasingly seeking out convenient payment methods. Afterpay, a well-known “buy now, pay later” service, has seen a surge in popularity. As a result, many shoppers are curious to know whether prominent retailers, such as Best Buy, accept Afterpay as a payment option.

1. Best Buy’s Partnership with Afterpay

Does Best Buy take Afterpay

Starting in 2023, Best Buy has formed a partnership with Afterpay, enabling customers to utilize this payment option for their purchases. Afterpay offers the convenience of immediate purchases with the flexibility to pay in installments over time, without any interest or fees, as long as payments are made punctually. Through this collaboration, Best Buy aims to enhance the shopping experience by providing customers with increased affordability and flexibility in their payment choices.

2. Integration into Best Buy’s Online Platform

Best Buy has smoothly incorporated Afterpay into its online platform, simplifying the process for customers to choose Afterpay as their desired payment method during checkout. This seamless integration ensures a convenient shopping experience, as customers can divide their payments into four equal installments, with payments due every two weeks.

3. In-Store Acceptance of Afterpay

Does Best Buy take Afterpay

Best Buy has expanded its acceptance of Afterpay to include its brick-and-mortar stores as well. This means that customers now have the option to shop at their local Best Buy and select Afterpay at the register, allowing them to divide their payments into convenient installments. This extension provides customers with the flexibility to utilize Afterpay’s benefits for both online and in-store purchases at Best Buy.

4. Eligibility for Afterpay at Best Buy

To utilize Afterpay at Best Buy in 2024, there are specific eligibility requirements that customers need to meet. Firstly, individuals must be at least 18 years old and possess a valid credit or debit card. Customers must link their payment method to their Afterpay account to enable automatic payments. Moreover, Afterpay is currently available exclusively to residents of the United States, so customers must reside within the country to access this payment option at Best Buy.

5. Afterpay’s Benefits at Best Buy

Does Best Buy take Afterpay

Using Afterpay at Best Buy provides customers with numerous advantages. Firstly, it enables effective budgeting by allowing the cost of purchases to be divided into four equal payments. This is particularly beneficial for larger purchases like electronics or appliances. Secondly, Afterpay does not impose any interest or fees as long as payments are made punctually, making it a financially advantageous payment option. Lastly, the integration of Afterpay into Best Buy’s platform ensures a smooth shopping experience, combining the convenience of Afterpay with the extensive range of products offered by Best Buy.

Does Best Buy take Afterpay?

FAQs

Does Best Buy take Afterpay in-store?

Best Buy does not directly accept Afterpay as a payment method. However, there are alternative options available for customers who wish to use pay-later services. These options include purchasing Best Buy gift cards through Afterpay or exploring other pay-later services such as Affirm, Klarna, PayPal Pay in 4, and Zip.

Best Buy offers a range of payment methods, including credit and debit cards, gift cards, and digital wallets like PayPal and Apple Pay. Customers can choose the payment option that aligns with their preferences and financial requirements, always keeping responsible spending practices in mind.

Does Best Buy accept afterpay