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- Shop Pay Installments is a feature that allows customers to break down payments into installments on Shopify stores1234. Customers can choose to make four equal installments instead of one full payment4. For orders between 50 USD to 999.99 USD, customers can split their purchase into four bi-weekly, interest-free installment payments3. For orders between 150 USD to 20,000 USD, customers can split their purchase into monthly installment payments3. There are no additional charges, interest rates, or late fees for this option, and your credit score isn't affected3.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 Installments is a new feature that allows customers to break down payments into installments on Shopify stores that allow this. Since Shop Pay already has the customer’s payment data, it will charge monthly payments to the customer’s credit card until the full sum is paid out.ecommerce-platforms.com/articles/shopify-pay-inst…Shop Pay installments enable merchants to buy now and pay later by paying for products in installments and not all up front. This gives both stores and customers the flexibility to pay and get paid in a more affordable fashion.community.shopify.com/c/blog/shop-pay-installmen…
Shop Pay Installments
help.shop.app/hc/en-us/articles/360057800071-Sh…Here's how it works:
- The customer picks Shop Pay Installments.
- They get to choose to make four equal installments instead of one full payment.
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