Afterpay Limited has transformed the way people pay by giving merchants the ability to allow shoppers to receive products immediately and pay in four simple installments over a short period of time. The service is completely free for customers who pay on time - helping consumers spend money responsibly without incurring interest, fees, or revolving and extended debt. As of May 2020, Afterpay is offered by more than 50,000 retailers and is used by more than 9 million active customers globally.