Shop Pay Instalments FAQUpdated 8 days ago

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

When checking out with Shop Pay, you now have the option to pay now or later. Paying in instalments on Shop Pay allows you to split your purchase amount into four equal, biweekly instalment payments with 0% APR, or monthly instalments with no hidden or late fees*.

Which payment methods are accepted if I use the option to pay in instalments 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.

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

Yes, 30,000 USD or CAD is the order value limit that applies to purchases using Shop Pay Instalments, including discounts, shipping, and taxes.

Can I buy gift cards with Shop Pay Instalments?

You can't purchase gift cards using Shop Pay Instalments. If you want to purchase gift cards along with Shop Pay Instalments eligible products, then you need to place two separate orders.

Are there late fees?

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

What if I miss an instalment 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 Instalments in the future. If you have questions about a missed instalment payment, then you can contact Affirm support for assistance.

What if I make a return on a purchase made through instalments with Shop Pay?

To request a refund, visit our Returns Page. After your refund is processed, the refund amount will be applied to your original payment method within 3-10 business days and your balance will be updated.

If your refund is less than your total purchase balance, then it might not lower your next payment. Instead, you can expect fewer payments, a smaller final payment, or both.

If your refund is more than your purchase balance, then the difference is returned to your original payment method within 3-10 business days.

If your order is made with interest payments, then the paid interest isn't refunded. When you make payments, the funds are first applied to the accrued unpaid interest and then to the principal. Interest is the cost of borrowing, and isn't refundable.

Have more questions?

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