PPRO partners with Afterpay to offer a Buy Now, Pay Later payment solution to US consumers

London, 23rd May 2024 – PPRO, the leading local payments platform, has today announced its partnership with Buy Now, Pay Later (BNPL) provider Afterpay. This  will enable US, Europe, China and Hong Kong-based e-commerce merchants and payment service providers (PSPs) to sell directly to US consumers using Afterpay¹. 

BNPL is transforming the way consumers shop in the United States. On Cyber Monday 2023, BNPL usage soared to an all-time high, increasing by 42.5% from the previous year². Consumers choose BNPL because they want more flexibility, and in turn it increases average order value for merchants since consumers can spread the cost of their purchases over time.

Eelco Dettingmeijer, Chief Commercial Officer, PPRO, commented on the partnership, “With the popularity of BNPL in the US expected to increase, offering it at checkout is a no-brainer for merchants looking to sell to US consumers. Now merchants from the US, Europe, China, and Hong Kong, can tap into Afterpay’s platform and provide flexible payment options, which will attract more consumers and boost sales.”

1. This solution is enabled through a US banking partner.
2. https://business.adobe.com/blog/the-latest/buy-now-pay-later-giving-shoppers-more-choice-at-checkout

About PPRO

PPRO is a fintech company that provides digital payment solutions to businesses and banks so that they can scale their local payment services through one connection.

Stripe, PayPal, and J.P. Morgan are just some of the names that work with PPRO to accelerate their roadmaps, boost their conversions, and eliminate the complexities of local payments.

About Afterpay

Afterpay is transforming the way we pay by allowing customers to buy products immediately and pay over time – enabling simple, transparent and responsible spending. We are on a mission to power an economy in which everyone wins.

Afterpay is offered by thousands of the world’s favorite retailers and used by millions of active global customers. Afterpay is currently available in Australia, Canada, New Zealand, the United States and the United Kingdom, where it is known as Clearpay. Afterpay is a wholly owned subsidiary of Block, Inc. (NYSE: SQ).