Financing

How it works

  1. Add items to your cart.
  2. Check out with Shop Pay.
  3. Choose the option to pay in installments.
  4. Your first payment is due at checkout. The remaining payments are charged automatically to your saved card based on the payment plan you choose.
  5. You’ll receive an email reminder before each payment.

US feature highlights

  • Quick decision: Get a real-time decision on your eligibility.
  • Easy payments: Split your purchase into easy bi-weekly or monthly payments.
  • No surprises: No late or hidden fees.

FAQ

What is the option to pay in installments on Shop Pay?
When checking out with Shop Pay, customers can choose to pay now or later. Paying in installments on Shop Pay lets customers split their purchase into four equal, biweekly installment payments with 0% APR, or monthly installments with no hidden or late fees.

Which payment methods are accepted?
Debit cards are accepted for Shop Pay Installments orders in the United States. In some cases, credit cards might also be available for certain orders.

Who can use Shop Pay Installments?
Shop Pay Installments is available only to customers who reside in the United States, have a US mobile phone number, and use a payment card with a US billing address.

Is there a spending limit?
Yes. In the United States, the order value limit is $30,000 USD, including discounts, shipping, and taxes.

Can customers buy gift cards with Shop Pay Installments?
No. Gift cards can’t be purchased using Shop Pay Installments. Customers who want to buy gift cards and eligible products need to place two separate orders.

Are there late fees?
No. There are no late fees if a scheduled payment is missed.

What happens if a customer misses a payment?
There are no late fees, but partial or late payments might affect a customer’s credit score or future eligibility to use Shop Pay Installments.

What happens with returns?
Customers need to contact your store to request a refund. If the return is approved under your return policy, the refund is processed back to the original payment method, and the balance is update.