February 23, 2026 | Edward Ip Disclosure: POSadvice.com may earn a referral fee if you purchase through links on this page. This does not affect our independent reviews or rankings.{“@context”:”https://schema.org”,”@type”:”FAQPage”,”mainEntity”:[{“@type”:”Question”,”name”:”What is the best Square Acquires Afterpay: Expands Into BNPL?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”The best option depends on your business size, industry, and budget. Use our free quote tool to get personalized recommendations from top POS providers.”}},{“@type”:”Question”,”name”:”How much does a POS system cost for small businesses?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”POS system costs range from free (Square) to 00+/month depending on features. Hardware costs 00-2000. Get free quotes to compare exact pricing for your needs.”}},{“@type”:”Question”,”name”:”Can I switch POS systems without losing data?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Yes. Most modern POS providers offer data migration assistance. Export your inventory, customer, and sales data in CSV format before switching.”}}]}nn💰 Fintech • August 2021Square Acquires Afterpay for $29 BillionThe biggest acquisition in POS history signals a massive pivot toward consumer fintech$29BAcquisition Price16M+Afterpay Users100K+Afterpay Merchants🤝 Deal OverviewDetailInfoBuyerSquare (now Block, Inc.)TargetAfterpay (Australian BNPL company)Price$29 billion (all-stock)Afterpay Users16 million activeAfterpay Merchants100,000+Expected CloseQ1 2022🎯 Impact on POS UsersWhat Changes for Square MerchantsBuy Now Pay Later at checkout — Customers can split purchases into 4 interest-free paymentsHigher conversion rates — BNPL increases purchase completion by 20-30%Higher average order value — BNPL users spend 40% more per transactionNo risk to merchant — Afterpay pays you immediately; they assume the credit risk⚠️ BNPL fees are paid by the merchant (4-6% per transaction) — significantly higher than standard credit card processing. Evaluate whether the higher conversion rate justifies the cost for your business.📚 Related Articles → Square vs Toast POS: The Ultimate 2026 Comparison for Restau → Small Business Relief: Square Waives Fees, Launches Emergenc → Square Cash App Now Processes $250 Billion Annually → Square Raises Processing Fees: What Merchants Need to KnowPOSadvice.com — Independent ReviewsFind Your Perfect POS SystemAnswer 3 quick questions. Get free, no-obligation quotes from top providers matched to your business.Get Free Quotes →Takes 2 minutes · No spam · No commitmentRelated Reading: For a complete comparison, see our guide to the Best POS System for Small Retail Stores 2026.nnRelated: Square POS Review 2026: The Full Truth (Pricing, Fees & Who It's Really For)