Shopify is now one of the most popular platforms for eCommerce available today. One particular tip that quite a few people want is how to set up an Afterpay account on their Shopify site.
Thankfully, it is fairly straightforward to set up an Afterpay account on your site's online store. However, it is important to discuss Afterpay in more detail before talking about how you can integrate Afterpay into your website's online store.
Table of Contents
Afterpay 101
Benefits of Afterpay
How to Integrate an Afterpay Account With Your Online Store
How to Add Afterpay's Logo to Your Store
FAQs about Afterpay
Conclusion
What Should You Know About the Afterpay App?
The first thing to note about Afterpay and the Afterpay app is that it is an online platform that has grown in popularity in recent years. Customers can use Afterpay in order to buy goods and pay for them in installments. This is the primary payment method of the platform.
The general policy that goes along with this payment method is to buy now, pay later. If you are the owner of a Shopify store, you can integrate Afterpay and add Afterpay to Shopify as part of the store's checkout process.
Afterpay's payment method allows customers to buy products right away and pay for them in a total of four installments over a period of eight weeks.
Something else that you should know about before you add Afterpay to your Shopify store is that Afterpay was founded in Sydney, Australia, in 2015.
Afterpay is now a popular payment method in the United States, Canada, New Zealand, Australia, and the United Kingdom more recently. More than 8.5 million users are active on Afterpay globally, emphasizing its status as a popular payment method.
How Does Adding Afterpay to Your Shopify Store Benefit You and Your Customers?
Afterpay Makes Transactions More Convenient
One benefit of adding Afterpay to your Shopify store is that it makes transactions more convenient for your customers. Afterpay does this by allowing customers to avoid making full upfront payments when buying from your online business. Instead, customers make their Shopify payments in installments.
Afterpay Can Help Your Store Enjoy Increased Sales
As the owner of a Shopify app store, you benefit in that you receive increased sales. The reason for this is that your customers are more willing to spend a larger amount of money on your Shopify store when they use the Afterpay payment method.
The minimum purchase when a customer uses Afterpay when going through your Shopify checkout process is $35. As a result of this, sales will certainly increase when you add Afterpay to your Shopify store. Of course, store owners still get the full amount of all purchases from Afterpay.
Afterpay Is A More Affordable Payment Option
Your customers benefit because they have a payment option that is more affordable for them. Many customers prefer a payment option that allows them to pay for a product in installments. Afterpay offers that payment option to them.
Afterpay Decreases The Risk of Fraudulent Transactions
However, there is another benefit aside from offering a more affordable payment option. Store owners also benefit in that Afterpay decreases the risk of fraudulent transactions that are associated with credit cards taking place in their Shopify store.
In addition to being more convenient and affordable for your customers, Afterpay benefits your Shopify store by making the transactions that happen on it more secure and more trustworthy.
How Do You Integrate An Afterpay Account with Your Online Store?
Go to Alternative Payments and Add Afterpay
1. As previously stated, setting up Afterpay as one of your store's payment options is relatively simple. First, you have to go into Afterpay and create an Afterpay account as a retailer.
2. You have to log in to your Shopify store and go to Settings, then Payments. After this, you have to click on 'choose alternative payment' under the heading labeled Alternative Payments. This will add Afterpay to your store as a new payment method.
3. You have to enter Afterpay in the search bar in the following window.
4. Input your merchant key and merchant ID number. You receive both when you create
an Afterpay merchant account.
5. Click on the button labeled Activate. Ensure that the checkbox for 'enable test mode' is not checked before you do so.
Configure Afterpay Properly
The next step is to configure Afterpay and you start off by finding Shopify's liquid code. You do this by editing your Shopify theme code and entering the script as Afterpay documents it. You can edit this code by going to the Online Store, then clicking on Themes before clicking on Edit Code.
Once you have finished editing the code, you should then navigate to the product details page. After that, click on the product template's add to cart button. The next step in this part of the process is to insert the Shopify script.
After you have inserted the Shopify script, you have to save your changes and then refresh the page.
Ensure that the Afterpay logo Is Displayed on Your Product Pages
If you have followed the above steps correctly, you should see the Afterpay logo displayed under your products' prices.
If you do not see the Afterpay logo there, you made a mistake at some point in the process. You will have to go back and correct that mistake to make sure you are adding Afterpay to your Shopify store correctly.
Perform a Test Buy
It is important to test to ensure that you did add Afterpay properly. You should check to ensure that the Afterpay logo shows up on your product pages in addition to your Shopify checkout page. You can check on this by visiting your site's checkout page and clicking on the Afterpay option.
After you click on this option, you should be redirected to the appropriate payment gateway.
How Do You Add Afterpay's Logo to Your Shopify Store?
Thankfully, it is fairly simple to add Afterpay to your Shopify page.
You first have to log onto the Shopify dashboard of your Shopify store.
After that, you have to click on navigate and then select the edit code button.
The next step is to select Theme.Liquid. Scroll down to the Html/ section and hit the enter key twice.
After this, you have to open up a new tab. Then, you have to copy the following link into your web browser: Afterpay. Copy and paste the link that the code gives you into Theme.Liquid. Hit the save button and then refresh the product page on your Shopify store.
This is one example of a product page.
Frequently Asked Questions About Afterpay
Q: What Is The Afterpay Cost for Shopify Merchants?
A: If you want to add Afterpay to your store, you will have to pay a monthly flat fee. Thankfully, this fee is only 30 cents for Shopify merchants.
However, you do also have to pay a commission percentage to add Afterpay to Shopify for your store. This percentage depends on the value of the product in your store.
It is worth noting that the percentage also varies based on how many transactions your customers make via Afterpay.
Afterpay Charges a Percentage of your Product's Value
In other words, the more customers use Afterpay to pay for products in your store, the greater the percentage will be. The percentage is anywhere from four to six percent of the cost of the product.
Typically, Afterpay pays the merchant, in this case, you, in 48 hours at most. A typical credit card might not cost as much as Afterpay.
Despite this, you should still add Afterpay to your store due to the benefits it provides.
Q: What Are Shopify Payments?
A: Shopify Payments is the payment solution that Shopify itself provides. This is good to include in your store's Shopify payment settings since it is already integrated into your Shopify store.
Customers pay via credit cards. This works well if you want to be paid upfront for your products.
Afterpay Is An Excellent Addition to Your Shopify Store
There are many reasons to add Afterpay to Shopify. If you add Afterpay to Shopify, you give your customers the ability to pay for products in installments. A greater variety of payment options is good for everyone.
It is also easy to install Afterpay, so you won't have to pay for technical assistance when doing so. Afterpay is a great addition to your Shopify store.
(Sources: Avada, Shopify 1, Shopify 2, HowCommerce.)