Accessing the Afterpay beta

Mads Hallett Updated by Mads Hallett

Mr Yum will be the first exclusive global food & bev partner of Afterpay, Australia's leading 'buy now pay later' provider! More than 70% of Afterpay customers have asked them to expand into Hospitality, so this launch validates the customer demand!

Afterpay x Mr Yum Pricing

The fee on Afterpay orders is 4% ex GST (4.4% inc) - this means you won't pay a card fee on these transactions as it's processed through Afterpay. You will only pay the Afterpay fee and your Mr Yum fee as normal.

For example, if your venue has 2% Mr Yum fees and usually passes on the 1.7% Stripe fee to customers, the fee on an Afterpay transaction is 4.7% (2.0% - 1.7% + 4.4%). Fees can't be passed onto the customer as 'surcharges' in the way a card fee usually can be.

You get your payouts as normal because Afterpay ‘pays for the order’ on behalf of the customer until they pay 4 fortnightly instalments. After trialing Afterpay, you can decide whether it's something you want to offer ongoing. It’s not locked in 🙂

To opt in for your venue complete this short form.

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