Afterpay

Is There A Late Fee If Payment Is Not Received On Time?

Posted by Abhishek KC. on 24 September 2021 9:51 AM

You can make repayments any time BEFORE the due date. Paying on time will result in zero percent interest on payment. Otherwise, Afterpay will automatically try to process payments on the scheduled dates from your card. If payment is not processed on or before the due date, late fees will apply – an initial $10 late fee, and a further $7 if the payment remains unpaid 7 days after the due date. For each order below $40, a maximum of one $10 late fee may be applied per order. For each order of $40 or above, the total of the late fees that may be applied is capped at 25% of the original order value or $68, whichever is less.