Financing/Payment plans
As of 2026 Payment plans are available through Shop Pay, you can add products to cart, select the shop pay installments and see all your options without committing.
How Shop Pay Installments works
When you choose Shop Pay Installments at checkout, you're applying for a loan through Affirm. Affirm might ask you for additional information to review your application. If approved, then Affirm splits your purchase into several smaller payments.
In Australia, approved purchases are split into 4 interest-free payments due every 2 weeks. In other countries, payments are due either every 2 weeks or monthly, depending on the plans available for you to choose from at checkout.
Depending on your location, the purchase amount, and the plans available, a down payment might be required at the time of checkout. You can also choose to pay off your loan early without any penalties. For interest-bearing loans, you can save on interest fees when you pay off the remaining balance early.
Shop Pay Installments is offered in partnership with Affirm, who services your loan. Review the following pages on the Affirm Help Center to learn more about Affirm and Shop Pay Installments, depending on your location:
What to expect after applying for Shop Pay Installments
After you apply for Shop Pay Installments, Affirm will review your application. You'll receive an email from Affirm (shoppay@shop.affirm.com) to the email address you use for Shop Pay, letting you know whether you're approved. This email might go to your spam or junk folder, so remember to check those folders too.
If you're not approved, then the email will explain why and might include next steps, if applicable. Keep in mind that you may be approved the next time you apply, as your eligibility is determined by Affirm on each individual purchase attempt.
If you're approved, then your payment schedule displays in the Shop app, and you'll receive email and SMS text reminders (if applicable) before each payment. You can also turn on push notifications in the Shop app. You can view and manage your Shop Pay Installments orders in the Shop app.
You can't customize your payment schedule, but you can make early payments. You can also make manual payments in the Shop app or when logged into Shop on your browser.
see links for more info.
https://help.shop.app/en/shop/shop-pay-installments
https://helpcenter.affirm.ca/ca/s/?language=en_US (Q & A-the actual place that lends the money)