SHOP PAY INSTALLMENTS & PAYPAL PAY IN 4 FAQ's

WEAR NOW, PAY LATER!! 

We now offer Shop Pay Installments & PayPal Pay in 4 options! Read below for details on each. 

WHAT IS SHOP PAY INSTALLMENTS?

We’re proud to offer Shop Pay Installments! Buy today and pay in 4 or more payments starting at 0% APR


How it works

  1. Add items to your cart (or shopping bag).
  2. Check out with Shop Pay.
  3. Choose the option to pay in installments.

Choose between the following installment payment options at checkout:

  • Four, biweekly, interest-free payments, for orders from 50 USD to 999.99 USD.
  • Monthly payments for orders from 150 USD to 20,000 USD. Monthly installment orders are interest-bearing from 10 to 36% APR, and may be paid in three, six, or twelve months depending on the purchase amount.

Your first payment is due at checkout. The remaining payments are automatically charged to your card saved on Shop Pay based on the payment plan you chose. Don't worry, you'll get an email reminder before each payment to remind you.

When checking out with Shop Pay, you now have the option to pay now or later. Paying in installments on Shop Pay allows you to split your purchase amount into four equal, biweekly installment payments with 0% APR, or monthly installments with no hidden or late fees*.

What is the option to pay in installments on Shop Pay?

When checking out with Shop Pay, you now have the option to pay now or later. Paying in installments on Shop Pay allows you to split your purchase amount into four equal, biweekly installment payments with 0% APR, or monthly installments with no hidden or late fees*.

Can I buy gift cards with Shop Pay Installments?

You can't purchase gift cards using Shop Pay Installments. If you want to purchase gift cards along with Shop Pay Installments eligible products, then you need to place two separate orders.

Are there late fees?

No, there are no late fees if you miss a scheduled payment.

What if I miss an installment payment?

There are no late fees for customers who miss a scheduled payment. However, partial payments or late payments might impact your credit score, or your eligibility to use Shop Pay Installments in the future. If you have questions about a missed installment payment, then you can contact Affirm support for assistance.

What if I make a return on a purchase made through installments with Shop Pay?

To request a refund, contact the store where you purchased your item. Using their return policy, the store will advise if a return is possible. If a return is possible, then the store will advise how much the refunded amount will be. After your refund is processed, the refund amount will be applied to your original payment method within 3-10 business days and your balance will be updated.

If your refund is less than your total purchase balance, then it might not lower your next payment. Instead, you can expect fewer payments, a smaller final payment, or both.

If your refund is more than your purchase balance, then the difference is returned to your original payment method within 3-10 business days.

If your order is made with interest payments, then the paid interest isn't refunded. When you make payments, the funds are first applied to the accrued unpaid interest and then to the principal. Interest is the cost of borrowing, and isn't refundable.

Have more questions?

For questions about installment payments on Shop Pay, visit https://shoppay.affirm.com/. 

*Rates from 0-36% APR. Payment options through Shop Pay Installments are subject to an eligibility check and are provided by these lending partners: affirm.com/lenders. Options depend on your purchase amount, and a down payment may be required. State notices to consumers affirm.com/licenses.

 

WHAT IS PAYPAL PAY IN 4 or PAYLATER?

 

PayPal offers two Pay Later options! Select PayPal at checkout. Once re-directed to PayPal you will see options "Pay in 4" or "Pay Later". See chart below for details.

 

Compare our Pay Later features
Pay in 4 Pay Monthly
Purchase amount $30 to $1,500 $199 to $10,000
Number of payments 4 payments​ 6, 12, or 24 payments​
Time between payments 1 down payment at purchase, and then every 2 weeks Monthly​
APR 0% 9.99% - ​35.99% APR based on the customer. Option to fund 0% APR campaigns for additional cost.
Repayment method​ Debit card, credit card, or confirmed bank account​ Debit card or confirmed bank account​

 

If you have any further questions, please reach out hello@shopcalimoon.com