CONNECT WITH US
Fintech

Fintech

Affirm and Shopify Take Shop Pay Installments to Australia

PYMNTS – Fintech logo

Published on

Add as a preferred source on Google
Affirm and Shopify Take Shop Pay Installments to Australia

Australian shoppers can now select installment payments powered by Affirm when they click on Shopify’s Shop Pay button, Affirm said in a Thursday (Aug. 27) press release.

This capability is enabled by the global partnership of Affirm and Shopify, in which the companies launch Shop Pay Installments powered exclusively by Affirm. Shop Pay Installments was previously launched in the United States, Canada and the United Kingdom, according to the release.

Now, eligible Australian shoppers can use this offering to choose to split their purchases into biweekly or monthly payments, select an interest-free or interest-bearing payment plan, and see what they will pay before committing to the purchase, the release said.

Shopify’s Australian merchants can switch on Shop Pay Installments in the Shopify admin dashboard, per the release.

“Bringing Shop Pay Installments to Australia unlocks even more flexibility and choice, helping our merchants continue to meet consumers where they are and how they like to shop,” Rohit Mishra, vice president of product, payments and cross-border at Shopify, said in the release.

Nitin Kashid, Australia country manager at Affirm, said in the release: “In partnership with Shopify, Affirm built Shop Pay Installments for the future — a way to pay with even more flexible terms and no late fees, ever.”

S. in June 2021, saying this offering allows merchants to give buyers a flexible way to pay and, unlike typical buy now, pay later (BNPL) plans, doesn’t require users to pivot to a different site to complete their purchase.


Source link
Related Topics:Fintech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.