Introducing Shop Pay Installments

What is the option to pay in installments on Shop Pay?

Shop Pay offers you the option to pay for your order in full at checkout, or to pay in installment payments for orders from $50 USD to $17,500 USD.

You can choose between the following installment payment options at checkout:

  • Four, biweekly, interest-free payments, for orders from $50 USD to $999.99 USD.
  • Monthly payments for orders from $150 USD to $17,500 USD. Monthly installment orders are interest-bearing from 10 to 36% APR, and may be paid in three, six, or twelve months depending on the purchase amount*

Which payment methods are accepted if I use the option to pay in installments on Shop Pay?

For non-interest bearing orders, debit and credit cards are accepted through Shop Pay. For interest bearing orders, you can only pay using a debit card.

Can I use Shop Pay Installments if I'm an international customer?

Shop Pay Installments is only available to customers with a United States billing address and phone number. Customers with international billing addresses and phone numbers can't use Shop Pay Installments.

Is there a limit to how much I can spend on a single Shop Pay Installments order?

Yes, 17,500 USD is the order value limit that applies to purchases using Shop Pay Installments, including discounts, shipping, and taxes.

 

Are there late fees?

No, there are no late fees if you miss a scheduled payment.

What if I miss an installment payment?

There are no late fees for customers who miss a scheduled payment. However, partial payments or late payments might impact your credit score, or your eligibility to use Shop Pay Installments in the future. If you have questions about a missed installment payment, then you can contact Affirm support for assistance.

 

Have more questions?

For questions about installment payments on Shop Pay, visit https://shoppay.affirm.com/.

 

Changes

We may update this page from time to time in order to reflect, for example, changes to our practices or for other operational, legal or regulatory reasons.