Shop Pay Installments

Power up flexible payments

Boost sales and speed up checkouts by letting customers spread their payments over time.

in partnership with

Tap into the 200+ million shoppers already using Shop Pay Installments

50% increase in average order value

for one in four merchants.

30% faster checkout

for shoppers who’ve previously paid in instalments

28% fewer abandoned carts

for merchants that switched from a third-party instalments solution
Daniel Shim, CEO of SONDO

Our average cart size on Shop Pay Installments is double that of a regular checkout as more customers are buying larger bundles of our socks.

SONDO

Daniel Shim — CEO

Flexible payments come in flexible packages

Standard

For purchases from $50 to $1000

Frictionless, low-commitment financing for businesses with typical purchase sizes.

  • 2 or 4 interest-free payments, every 2 weeks¹
  • Monthly instalments up to 12 months²

Premium*

For purchases from $35 to $30,000

Strategic financing to support businesses with larger-ticket purchases.

  • 2 or 4 interest-free payments, every 2 weeks¹
  • Interest-free payments up to 12 months²
  • Monthly instalments up to 24 months³
  • *Premium package available to eligible merchants. Log in to check eligibility or learn more from our blog.
  • 1Customers can split purchases between $50 and $999.99 CAD into 2 or 4 interest-free, bi-weekly payments.
  • 2Customers can pay monthly instalments for orders between $35 to $30,000 CAD
  • 3Some merchants may only be eligible to offer customers up to 6 months of interest-free monthly instalments.

Resources

Help Center

Learn more about Shop Pay Installments.

Visit Help Center 

Blog

Find out how Shop Pay Installments can boost your business.

Read articles 

Marketing toolkit

Promote flexible payment options with approved messaging.

Read articles 

Frequently asked questions

  • Payment options through Affirm Canada Holdings Ltd. (“Affirm”) are subject to an eligibility check and approval. Your rate will be up to 0–31.99% APR (where available and subject to provincial regulatory limitations). APR offered is based on creditworthiness and subject to an eligibility check. Not all customers will be eligible for a 0% APR. Payment options depend on your purchase amount, may vary by merchant and may not be available in all provinces/territories. Payment options will be shown at checkout. A down payment (or a payment due today) may be required. Sample payment options may be: a $800 purchase could be split into 12 monthly payments of $72.21 at 15% APR, or 4 interest-free payments of $200 every 2 weeks.  Financing offers may vary from time to time and may be amended or cancelled at any time. See https://helpcenter.affirm.ca for more information..