If you have recently been declined by Afterpay then it is worth knowing the most common reasons why Afterpay doesn’t successfully work at checkout.
In most cases Afterpay will decline the purchase and show users the following message:
the afterpay risk management department has declined your paymentAfterpay decline message
It is the job of the risk management department to make sure anyone who uses Afterpay can afford to pay back the full value of the item you are purchasing. Your payment can be declined if it is your first time to use the service or even if you have used the service before. Here are the top 5 reasons you may have been declined.
1. You don’t have sufficient funds on your credit card
In order to pay with Afterpay you need to have enough funds on your credit card for the first payment amount. Afterpay will often check to see if your balance can cover the first payment.
Even if you have nothing to pay today, we recommend your credit card has at least the amount for the first payment. Because Afterpay offer 4 equal instalments you should double check that at least 25% of the total purchase value is available on your credit card balance.
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2. You already have a large amount that you currently owe
If you have previously used Afterpay you may find that you currently owe Afterpay a substantial amount. We recommend that if you do have a large outstanding balance, repay some of it to help lower your risk profile. While this is not a guarantee a lower balance will give Afterpay more confidence in processing future payments.
3. You are a new Afterpay customer
Afterpay are often more strict on the levels of financing for new customers. In many cases you can expect this to improve after the first 6 weeks of use. If you have recently signed up to use Afterpay service we recommend not trying multiple purchases in the first month and a half of use.
As time passes and you use Afterpay more you will find that your payments will be declined much less.
4. Your are buying an expensive item
If the value of the item is higher than average you may find that Afterpay are more likely to decline the transaction, especially if you are a new customer purchasing a high value item.
We recommend building your purchase history with Afterpay before purchasing items over $100. Frequent small purchases will help you build your relationship with Afterpay and show that you can make payments on time and are unlikely to miss a payment.
5. You have a number of ‘open’ orders
If you are a frequent user of Afterpay you can easily find yourself with multiple open orders. For each open order you have with Afterpay the more credit you owe them. It is important that for your own financial well being you are aware of the total amount of borrowing you have outstanding Afterpay.
Afterpay may choose to decline an order if you already have multiple outstanding payments to make. We recommend either waiting to fully repay orders or pay off the balance on open orders before using Afterpay. It is sensible to only have between 1-3 open orders with Afterpay at anyone time. This helps you stay in control of your outgoings.
So there you have it our top 5 recommendations to help you get approved for an Afterpay payment. With these steps we hope you avoid getting declined for Afterpay.
Afterpay is one of the United States larger alternative payment provider. The service is best know for it’s buy now, pay later financing which allows shoppers to spread the cost of their purchases over a number of months.
There are a number of alternatives in the USA such as Klarna and Affirm. If you are using these services for the first time make sure you do your research and are fully aware of the interest rates and fees that are applicable.
If you are still having problems we recommend you visit the official Afterpay help centre. Here you will also find ways to contact the company and report an issue with payment.
If you find that your Afterpay account has been blocked then we recommend you read our guide on what to do if your Afterpay account is frozen.