Shopify is expanding its buy now, pay later (BNPL) partnership with Affirm beyond the U.S., launching Shop Pay Installments in Canada and soon in the UK. Affirm will serve as Shopify’s exclusive BNPL provider in these markets. Shopify COO Kaz Nejatian called the move a “no-brainer” given the program’s U.S. success.
Canadian merchants can soon offer customers biweekly or monthly payment plans with terms up to 24 months and 0% APR options. Affirm CEO Max Levchin says merchants worldwide are eager for this feature, setting the stage for further global BNPL expansion.
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