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Shop Pay Installments is a payment option that allows you to pay for your purchases over time. Here's how it works:
- Eligibility: You must be over the age of 18, reside in the US, and be paying in USD to use Shop Pay Installments2.
- Order Value: Shop Pay Installments can be used for orders between $50 USD and $20,000 USD12.
Payment Options:
- For orders between $50 USD to $999.99 USD, you can split your purchase into four bi-weekly, interest-free installment payments12. There are no additional charges, interest rates, or late fees for this option, and your credit score isn't affected12.
- For orders between $150 USD to $20,000 USD, you can split your purchase into monthly installment payments12. While there are no late fees for monthly installment payments, your order is subject to interest fees1. Your credit score isn't affected when you apply, but it can change if you don't make your payments on time1.
- Payment Schedule: After you make your first payment at checkout, you'll be charged either biweekly or monthly, depending on the installment payment option you chose1. You'll be reminded by email and SMS text (if applicable) before each payment is charged to your card1. However, you can't customize your payment schedule1.
Please note that there are some items that you can’t use Shop Pay Installments to purchase, including, but not limited to: cash advances, illegal items and activities, weapons, narcotics, regulated products such as alcohol, tobacco, or drug paraphernalia, currency, PayPal, Venmo, and other money transfer services, and loan and credit card payments2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.shoppay.affirm.com/help/s/article/about-sphelp.shop.app/hc/en-us/articles/360057800071-Sh…www.shopify.com/blog/what-is-shop-pay-installmentsecommerce-platforms.com/ARTICLES/WHAT-IS-S…- People also ask
WebShop Pay gives you the option to pay in full at checkout, or to pay for your order over time. When available, Shop Pay Installments is a great option to help you maximize your budget for orders between 50 USD and 20,000 USD. Depending on your purchase …
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WebShop Pay Installments offers customers the option to pay for their order in installments at checkout, both online and in store. Orders from 50 USD to 20,000 USD are eligible for …
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WebContents. Eligibility. Shop Pay Installments is only available for merchants based in the United States, selling in USD, and with both Shopify Payments and Shop Pay activated. …
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WebJan 11, 2022 · 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 …
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WebNo, Shop Pay Installments is exclusively available for merchants based in the United States who sell in USD and have both Shopify Payments and Shop Pay activated. To …
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WebShop Pay offers you the option to pay in full at checkout, or to split your purchase into regular payments with Shop Pay Installments, both online and in store. Installment …
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