diff --git a/changelog/add-place-order-tracks b/changelog/add-place-order-tracks
new file mode 100644
index 00000000000..450859bad49
--- /dev/null
+++ b/changelog/add-place-order-tracks
@@ -0,0 +1,4 @@
+Significance: minor
+Type: dev
+
+Place order button Tracks
diff --git a/client/checkout/blocks/index.js b/client/checkout/blocks/index.js
index deed017c0d9..0ce235a0086 100644
--- a/client/checkout/blocks/index.js
+++ b/client/checkout/blocks/index.js
@@ -34,6 +34,7 @@ import {
 } from '../constants.js';
 import { getDeferredIntentCreationUPEFields } from './payment-elements';
 import { handleWooPayEmailInput } from '../woopay/email-input-iframe';
+import wcpayTracks from 'tracks';
 import wooPayExpressCheckoutPaymentMethod from '../woopay/express-button/woopay-express-checkout-payment-method';
 import { isPreviewing } from '../preview';
 
@@ -113,6 +114,24 @@ Object.entries( enabledPaymentMethodsConfig )
 		} );
 	} );
 
+const addCheckoutTracking = () => {
+	const placeOrderButton = document.getElementsByClassName(
+		'wc-block-components-checkout-place-order-button'
+	);
+	if ( placeOrderButton.length ) {
+		placeOrderButton[ 0 ].addEventListener( 'click', () => {
+			const blocksCheckbox = document.getElementById(
+				'radio-control-wc-payment-method-options-woocommerce_payments'
+			);
+			if ( ! blocksCheckbox?.checked ) {
+				return;
+			}
+
+			wcpayTracks.recordUserEvent( wcpayTracks.events.PLACE_ORDER_CLICK );
+		} );
+	}
+};
+
 // Call handleWooPayEmailInput if woopay is enabled and this is the checkout page.
 if ( getUPEConfig( 'isWooPayEnabled' ) ) {
 	if (
@@ -131,4 +150,5 @@ if ( getUPEConfig( 'isWooPayEnabled' ) ) {
 registerExpressPaymentMethod( paymentRequestPaymentMethod( api ) );
 window.addEventListener( 'load', () => {
 	enqueueFraudScripts( getUPEConfig( 'fraudServices' ) );
+	addCheckoutTracking();
 } );
diff --git a/client/checkout/classic/event-handlers.js b/client/checkout/classic/event-handlers.js
index 00a2581b8a9..584495518be 100644
--- a/client/checkout/classic/event-handlers.js
+++ b/client/checkout/classic/event-handlers.js
@@ -26,6 +26,7 @@ import WCPayAPI from 'wcpay/checkout/api';
 import apiRequest from '../utils/request';
 import { handleWooPayEmailInput } from 'wcpay/checkout/woopay/email-input-iframe';
 import { isPreviewing } from 'wcpay/checkout/preview';
+import wcpayTracks from 'tracks';
 
 jQuery( function ( $ ) {
 	enqueueFraudScripts( getUPEConfig( 'fraudServices' ) );
@@ -58,6 +59,18 @@ jQuery( function ( $ ) {
 		return processPaymentIfNotUsingSavedMethod( $( this ) );
 	} );
 
+	$( 'form.checkout' ).on( 'click', '#place_order', function () {
+		const isWCPay = document.getElementById(
+			'payment_method_woocommerce_payments'
+		).checked;
+
+		if ( ! isWCPay ) {
+			return;
+		}
+
+		wcpayTracks.recordUserEvent( wcpayTracks.events.PLACE_ORDER_CLICK );
+	} );
+
 	window.addEventListener( 'hashchange', () => {
 		if ( window.location.hash.startsWith( '#wcpay-confirm-' ) ) {
 			showAuthenticationModalIfRequired( api );
diff --git a/client/tracks/index.js b/client/tracks/index.js
index fa94e5d32bc..4690919650d 100644
--- a/client/tracks/index.js
+++ b/client/tracks/index.js
@@ -92,6 +92,7 @@ const events = {
 	MULTI_CURRENCY_ENABLED_CURRENCIES_UPDATED:
 		'wcpay_multi_currency_enabled_currencies_updated',
 	PAYMENT_REQUEST_SETTINGS_CHANGE: 'wcpay_payment_request_settings_change',
+	PLACE_ORDER_CLICK: 'checkout_place_order_button_click',
 	// WCPay Subscriptions empty state - prompts to connect to WCPay or create product.
 	SUBSCRIPTIONS_EMPTY_STATE_VIEW: 'wcpay_subscriptions_empty_state_view',
 	SUBSCRIPTIONS_EMPTY_STATE_FINISH_SETUP: