Shop Pay Installments

 
Shop Pay  offers customers the option to pay in full at checkout, or to split their purchase into 4 equal, interest-free installment payments for orders between $50 and $1000 USD.  There are no additional charges, interest rates, or late fees passed on to customers.

No late fees, no hidden fees, and no surprises. No Fees— ever.*
Split your purchase into 4 easy payments, with no hidden fees and interest-free payments!*
No impact on your credit score.*

So how does it work?
  1. Shop like regular on our site, adding items to your cart
  2. Proceed to checkout and select Shop Pay Installments at payment option - you will need to make an account with Shop Pay
  3. Shop Pay Installments, will review your purchase and present you with the following:
  • Pay the entire amount today
  • Pay in 4 installments - Make first payment at checkout (amount depends on total purchase)
  • Three remaining payments are automatically charged to your Debit or Credit Card used at checkout every 2 weeks.  You will get an email reminder before each payment is charged.

Your credit score isn't affected using Shop Pay Installments.  However, if you don't pay the installment amount, or make a late payment, then you might not be eligible to make purchases using Shop Pay Installments in the future.

FAQ:

1.  Are there any additional costs to customers?  No. There are no additional charges, interest rates, or late fees. There is also no impact to your credit score.

2. Can customers purchase gift cards using Shop Pay Installments? No. Customers can't buy gift cards using Shop Pay Installments.

3. What happens when customers return item paid for using Shop Pay Installments?

If the customer's refund amount is less than the amount remaining on their Shop Pay Installments balance, then the customer can expect one or both of the following:

  • A smaller payment balance on the final payment
  • Less future payments on the remaining loan balance

If the customer's refund amount is more than the amount remaining on their Shop Pay Installments balance, then the customer can expect to receive the difference as a refund to their original debit card or credit card payment method.

More info about loans, payments, managing your account:  Affirm Help Center

More info about Shop Pay or Shop App: Shop App Help Center

*The estimated payment amount excludes taxes and shipping. Payment options are offered by Affirm and are subject to eligibility check and might not be available in all states. California residents: Affirm Loan Services, LLC is licensed by the Department of Business Oversight. Loans are made or arranged pursuant to California Financing Law license.

*Payment options are offered by Affirm and are subject to eligibility check and might not be available in all states. California residents: Affirm Loan Services, LLC is licensed by the Department of Business Oversight. Loans are made or arranged pursuant to California Financing Law license.

 

Shop Pay