- Affirm allows for customers to pay for products in instalments. “Shop Pay Instalments” will be rolled out later this year and allows for payments to be broken into four equal bi-weekly segments.
- Affirm CEO Max Levchin, who is also one of the founders of PayPal, said that they had seen “unbelievable traction on Shopify already”
- Shopify has seen large growth since the start of lockdown as many small and medium business turn to the ecommerce platform as stores are forced to close
- The Canadian company have said that the payment option will be available to all Shop Pay customers.
