“According to a research, Etsy has 4.36 million active sellers and 81.9 million active buyers worldwide.”
The increasing popularity and usage of this platform leaves numerous doubts in its users’ minds.
Here I am giving you an example of this.
Just imagine, you are scrolling through the Etsy site and come across a necklace or a piece of home décor that you think is made for you. But here the problem is, you don’t have enough balance in your bank account.
Now, what will you do? Will you go for Afterpay?
But wait! Do you even know that Etsy accepts Afterpay or not?
To know the same, continue scrolling through this article.
Below I will cover, “Does Etsy accept Afterpay”, or if not, then what you can use instead.
Let me start by giving you a short intro of the Etsy platform.
What is Etsy
Etsy is a global online marketplace that acts as a middleman between independent artists and their customers.
This platform allows several business owners to sell their unique and creative handmade goods like toys, collectibles, vintage furniture, jewelry, etc.
This platform is no less than an opportunity for sellers to turn their ideas into a successful implementation. This is the platform where people can find goods with the human touch and feelings so that they can feel emotional connection with them.
Now, the point is, if a buyer has a tight budget then can he go ahead with Afterpay?
Before discussing this, let’s first know what Afterpay is.
Also Read: How To Sell Paintings & Art On Etsy (5 Tips For Artists!!)
What is Afterpay
Afterpay is a digital payment platform that helps them to buy a product for only 25% payment and pay the remaining amount later in installments.
This method is best for those who can’t make the full payment at once due to having budget constraints. With Afterpay, they can pay the amount in installments until the amount is fully paid.
There is no need to pay any extra interest in it.
It allows customers to login into their Afterpay amount anytime and pay the installment before the due date. Otherwise, the payment will be automatically deducted from their bank account before the due date.
Also Read: How Much Does It Cost To Sell On Etsy (Etsy Fees Explained!!)
Does Etsy Accept Afterpay?
Unfortunately, the answer is no. Etsy does not accept Afterpay.
However, Etsy has numerous other payment methods that a shopper can use to make payment.
I am going to discuss them below.
What Forms Of Payment Does Etsy Accept?
Alternatively, you can use other traditional methods to pay for your purchase.
- Credit Cards / Debit Cards
- UPI (For Indian Buyers)
- Google Pay, Quad Pay, Apple Pay, Klarna are some of the payment methods that Etsy accepts.
- If you make one or more than one purchase, then you can also enjoy additional offers like Etsy Gift Cards and Etsy Coupons
Use Klarna To “Buy Now and Pay Later” On Etsy
For many years, Etsy didn’t provide the customers with the facility of “Buy Now, Pay Later”, but with the changing times, Etsy has changed its rule.
Etsy has now partnered with Klarna to provide their customers who have shopped for high priced items with an option to pay for their shopping in installments.
Etsy has made this decision after receiving the overwhelming appreciation and support from the handmade item shopping site especially during the festive seasons, like Diwali and Christmas.
But remember, there are two conditions that one needs to qualify to enjoy the option “Buy Now, Pay Later”.
First one is that this option is not valid on all the items. The Klarna payment option is valid for certain and specific items.
Second one is that the purchaser who purchases the items falls between the amount $50 and $250 can pay for their purchase in four installments without having to pay any additional interest.
Not only this, if the buyer purchases the items for a higher amount, i.e., between $250 and $10,000, Klarna will offer him a monthly financing schedule to allow him to pay his Etsy purchase off in a very affordable installments.
For which countries this Klarna’s “Buy Now, Pay Later” option applied for?
Let me clear out that the option of “Buy Now, Pay Later” is completely a new concept and does not apply to the customers worldwide.
The United States, Germany, Australia, Spain, and the United Kingdom are some of the only countries that allow Klarna payments to their Etsy buyers.
The increasing popularity and demand for handmade products of Etsy, it is clearly estimated that the Etsy platform will soon make it possible to provide the availability of Klarna payment to all the countries it is dealing with.
If I compile this article in a short paragraph, then I would like to say that Etsy offers many payment formats like Google Pay, Apple Pay, Paypal, debit or credit cards, etc. Unfortunately, Afterpay is not included in them as Etsy doesn’t include this payment type.
There are various other platforms available like ArtFire and Bing Lee that allow their customers to make payments with Afterpay.
However, Etsy provides you with an additional payment option and that is Klarna.
If you are a customer who has purchased for the items more than $50, then you can pay your bill in four installments that too without any extra charge or interest.
For those over $250, Klarna offers them to schedule an affordable payment plan through it.
Well, I have covered a lot in this article. Hopefully, you have learned a lot through this article and now have a clear mindset about Etsy and its payment methods.
So now you can visit the Etsy site and start purchasing your favorite items without having to worry about your budget.
To know more, feel free to comment down below, I would love to help you in any way.