Affirm and Shopify Expand Shop Pay Installments Globally, Starting with Canada
In a significant move to broaden their global footprint, Affirm (NASDAQ: AFRM), the payments network empowering consumers and helping merchants grow, and Shopify, a leading provider of internet commerce infrastructure, have announced the acceleration of their international expansion plans for Shop Pay Installments. This marks the first time the popular payment solution is available outside the United States, beginning with early access for Shopify merchants in Canada.
The rollout in Canada represents the first step in an ambitious international strategy that includes plans to expand into the UK, Australia, and Western Europe, starting with France, Germany, and the Netherlands. By offering Shop Pay Installments powered exclusively by Affirm, Shopify is enabling merchants to provide shoppers with flexible payment options, driving increased sales while improving the overall shopping experience.
A Seamless Shopping Experience Across Borders
This summer, Shop Pay Installments will become widely available to Shopify merchants in Canada and the UK, with cross-border capabilities between the US, Canada, and the UK to follow. This cross-border functionality will allow consumers to make purchases from international merchants using the same transparent and flexible payment options they’ve come to trust.
As Affirm continues its global expansion, the company is committed to engaging with local stakeholders—including shoppers, merchants, capital partners, and regulators—to ensure a smooth and successful rollout in each new market.
“We’re excited to launch Shop Pay Installments in early access in Canada as our first step outside the United States,” said Kaz Nejatian, COO of Shopify. “Our partnership with Affirm expands our global reach, giving shoppers the flexibility to pay over time, and drives more sales for merchants around the world.”
Empowering Merchants and Consumers Worldwide
Since its launch in 2021, Shop Pay Installments has gained rapid adoption among millions of consumers in the United States, thanks to its transparent and user-friendly approach. The service allows shoppers to split eligible purchases into biweekly or monthly payments, with personalized payment plans that include a 0% APR option. Importantly, Affirm’s commitment to transparency ensures that shoppers are never charged late fees or hidden charges.
For merchants, the integration of Shop Pay Installments is seamless. Local merchants can activate the service directly from their Shopify admin dashboard, eliminating the need for additional development or technical integration. This ease of use empowers businesses of all sizes to offer flexible payment options, enhancing customer satisfaction and boosting conversion rates.
“From day one, Affirm’s partnership with Shopify has been about empowering merchants to succeed by providing transparent, flexible payments that unlock consumers’ purchasing power,” said Max Levchin, Founder and CEO of Affirm. “Shop Pay Installments are trusted by millions of shoppers across the U.S. Today’s launch in Canada marks an exciting first step as we continue to expand our global footprint—first with Shopify merchants, and soon after with our integrated merchants in the UK, Europe, and Australia.”
A Trusted Solution for Modern Commerce
The expansion of Shop Pay Installments underscores Affirm’s mission to provide honest financial products that improve lives. Unlike traditional credit cards and other installment options, Affirm’s platform is built on trust, transparency, and a commitment to putting people first. By eliminating late fees and hidden charges, Affirm ensures that consumers can spend and save responsibly while giving businesses the tools they need to thrive.
Shopify, meanwhile, continues to solidify its position as the leading global commerce platform, offering trusted tools to start, grow, and operate retail businesses of any size. With services designed for speed, personalization, reliability, and security, Shopify empowers millions of businesses across over 175 countries. Trusted brands like BarkBox, Vuori, BevMo, and SKIMS rely on Shopify’s platform to deliver exceptional shopping experiences both online and in-store.
Why This Expansion Matters
The global rollout of Shop Pay Installments comes at a time when consumer preferences are shifting towards more flexible and transparent payment options. According to recent studies, buy-now-pay-later (BNPL) solutions are gaining popularity worldwide, with consumers increasingly seeking alternatives to traditional credit products. By expanding Shop Pay Installments to new markets, Affirm and Shopify are meeting this demand head-on, providing shoppers with the tools they need to make informed purchasing decisions while helping merchants grow their businesses.
Moreover, the cross-border capabilities being introduced will further enhance the appeal of Shop Pay Installments, making it easier for consumers to shop internationally without worrying about complicated payment processes. For merchants, this means access to a broader customer base and increased opportunities for growth.
Looking Ahead: A Global Vision for Commerce
As Affirm and Shopify continue their international expansion, the companies remain focused on delivering value to shoppers and merchants alike. By leveraging their combined expertise in payments and commerce, they are redefining the way people shop and pay, creating a more inclusive and accessible global economy.
For businesses looking to stay ahead in today’s competitive marketplace, adopting solutions like Shop Pay Installments can be a game-changer. With its transparent terms, seamless integration, and proven track record of success in the U.S., this innovative payment option is poised to transform shopping experiences worldwide.
To learn more about how Affirm and Shopify are shaping the future of commerce, visit Affirm’s website and Shopify’s website. Follow them on social media for the latest updates: Affirm on LinkedIn, Instagram, Facebook, and X; and Shopify on LinkedIn, Instagram, Facebook, and X.
With the global expansion of Shop Pay Installments, Affirm and Shopify are setting a new standard for flexible, transparent, and customer-centric payment solutions—empowering businesses and consumers to thrive in an interconnected world.
