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- Key differences between Shop Pay and Afterpay123:
- Shop Pay is exclusively for Shopify merchants, while Afterpay can be used at various third-party retailers.
- Shop Pay focuses on speeding up checkout through saved customer data, while Afterpay spreads payments over several weeks.
- Shop Pay is integrated natively into all Shopify stores, while retailers must actively partner with Afterpay to offer its services.
- Both platforms charge a percentage fee per transaction, but Shop Pay only charges this fee if you're offering Shop Pay Installments, and there are no fees to enable Shop Pay3.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Shop Pay vs Afterpay: What Is The Key Difference? Shop Pay and Afterpay both offer installment payment options. The main distinction is that Shop Pay, developed by Shopify in collaboration with Affirm, caters specifically to Shopify merchants. On the other hand, Afterpay is a third-party service available for various retailers.gempages.net/blogs/shopify/shop-pay-vs-afterpayShop Pay is exclusively for Shopify merchants while Afterpay can be used at many other third-party retailers. Shop Pay is focused on speeding up checkout through saved customer data while Afterpay spreads payments over several weeks.www.attrac.io/blog/shop-pay-vs-afterpayUnlike Shop Pay, which is integrated natively into all Shopify stores, retailers must actively partner with Afterpay to offer its services. In terms of fees, both platforms charge a percentage fee per transaction. However, Shop Pay only charges this fee if you're offering Shop Pay Installments, and there are no fees to enable Shop Pay.www.firstpier.com/updates/shop-pay - People also ask
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