CLEARPAY — Afterpay / Clearpay Bank Charge Explained

CLEARPAY on your bank statement is a transaction descriptor for Afterpay / Clearpay, a finance company. Afterpay (called Clearpay in the UK and Europe) is a Buy Now Pay Later service splitting purchases into four interest-free instalments. A charge is usually one instalment of an order placed at another retailer, so expect several smaller payments.

What Is the CLEARPAY Charge?

CLEARPAY is a transaction descriptor for Afterpay / Clearpay, a finance company.

Afterpay (called Clearpay in the UK and Europe) is a Buy Now Pay Later service splitting purchases into four interest-free instalments. A charge is usually one instalment of an order placed at another retailer, so expect several smaller payments. Missed payments can incur fees, and entries read AFTERPAY or CLEARPAY.

This code appears on your bank statement because banks display a short payment reference — set by the merchant's payment processor — rather than the company's full trading name. The code CLEARPAY is the official identifier that Afterpay / Clearpay registered with Visa or Mastercard.

Is the CLEARPAY Charge Legitimate?

A charge from this merchant may relate to a purchase, subscription, trial or another transaction. Only you and your bank can confirm whether a payment was authorised. It may help to check your email for a receipt, or log into your Afterpay / Clearpay account to review recent activity.

How Do I Cancel or Dispute a CLEARPAY Charge?

  1. Identify the charge: Confirm the charge is from Afterpay / Clearpay by checking your email for a receipt or logging into your account on their website.
  2. Cancel your subscription: If you no longer want the service, log in to Afterpay / Clearpay and cancel your subscription through account settings before the next billing date.
  3. Contact the merchant: If you do not recognise this entry, contact your bank or card issuer and ask them to confirm the transaction and merchant details. Only you and your bank can confirm whether a payment was authorised.
  4. Contact your bank: If the merchant does not resolve the issue, contact your bank or card issuer using the number on the back of your card. They can explain what options may be available and what information they need.

What Other Names Does Afterpay / Clearpay Use on Bank Statements?

Afterpay / Clearpay may also appear on your statement as:

Frequently Asked Questions About CLEARPAY

What is CLEARPAY on my bank statement?

CLEARPAY is a bank statement transaction code for Afterpay / Clearpay, a finance company. Afterpay (called Clearpay in the UK and Europe) is a Buy Now Pay Later service splitting purchases into four interest-free instalments. A charge is usually one instalment of an order placed at another retailer, so expect several smaller payments. Missed payments can incur fees, and entries read AFTERPAY or CLEARPAY. This descriptor appears because banks display a shortened payment code instead of the full company name.

Is CLEARPAY a scam?

A charge from this merchant may relate to a purchase, subscription, trial or another transaction. Only you and your bank can confirm whether a payment was authorised. It may help to check your email for a receipt, or log into your Afterpay / Clearpay account to review recent activity.

Why is CLEARPAY on my bank statement?

CLEARPAY appears on your statement because Afterpay / Clearpay processed a payment through their card payment provider. The code is set by their payment processor and is the official descriptor registered with Visa or Mastercard. Common reasons include a subscription renewal, a one-off purchase, or a trial period that has converted to a paid plan.

How do I cancel CLEARPAY?

If you do not recognise this entry, contact your bank or card issuer and ask them to confirm the transaction and merchant details. Only you and your bank can confirm whether a payment was authorised.

How do I get a refund for a CLEARPAY charge?

If you cannot resolve this with the merchant, contact your bank or card issuer. They can explain what options may be available for this type of payment and whether any time limits apply.

For more information about Afterpay / Clearpay and all its known transaction codes, visit the Afterpay / Clearpay merchant page.