Shop Pay Installments is Shopify’s native buy now, pay later (BNPL) solution that’s fully integrated with your online store and Shopify POS. With it, shoppers have the flexibility to split purchases into four equal, interest-free payments, or monthly installments for up to 12 months with no additional, hidden, or late fees, and no impact to their credit scores.**
There’s also Shop Pay Installments Premium, which allows customers to maximize their budgets even further by letting them pay equal, interest-free payments for up to 12 months, or in monthly installments with interest for up to 24 months on orders between $50 and $17,500 USD. This is a fantastic option for increasing the conversion rates on high price point products.
Merchants who have activated Shop Pay Installments to date have seen up to 50% increase in average order values, and up to 28% higher conversion rates. To see the results for yourself, turn iran telegram screening on Shop Pay and unlock Shop Pay Installments today.
Shopify Protect: get protection against fraudulent chargebacks
Shopify Protect is Shop Pay’s free, built-in chargeback protection available to US-based stores. It covers all eligible Shop Pay transactions against fraud-based chargebacks at no extra cost.*
Shopify’s fraud algorithm uses data from across our network to catch the latest forms of fraud so you stay secure every day. Orders marked “protection active” in your Shopify admin are eligible for protection and safe to fulfill. We’ll automatically cover the cost of the order and chargeback fee on fraudulent transactions for any eligible orders paid for using Shop Pay. This gives you peace of mind to approve and ship orders faster.