Afterpay receives stamp of approval by Gold Cross
Strategic partnership to enable access to healthcare for all Australian communities
Gold Cross has endorsed Afterpay for its Buy Now Pay Later (BNPL) offering for pharmacies across Australia.
All Guild Members are now able to offer Australia’s most used and preferred BNPL payments platform through a strategic partnership that will help members grow their business and benefit from a special members’ rate.
The partnership has been founded on the synergy of Afterpay’s values and uniquely customer-centric policies that resonate with the core values of The Pharmacy Guild being a community, fairness, and access to healthcare.
Afterpay’s product helps patients break up the cost of their medication or pharmacy goods in four installments, without incurring interest. Making access to healthcare for patients available when they need it, not just when they can afford it. This is particularly important as more and more consumers are opting to pay with debit vs credit as seen in Afterpay’s data, with over 90% of customers linking their debit card to their Afterpay account.
Afterpay is able to offer this service by charging the pharmacy a competitive rate, rather than the customer, to enable them to offer Afterpay. Afterpay pays the pharmacy immediately for the purchase.
As for customer protections, unlike credit cards, there is no interest and the debt cannot be extended more than the four fortnightly installments, and late fees are capped.
Afterpay is about providing families and singles in the community with choice in how and when they pay for their pharmacy purchases, in a way that works with their overall budget.
To incorporate Afterpay in your pharmacy, visit https://goldx.com.au/products/afterpay/ today.