Affirm, a leading payment network that helps consumers make purchases and enables merchants to grow, and Shopify, a global provider of commerce infrastructure, have announced an expanded, multi-year partnership that takes their collaboration to the international stage. This new agreement solidifies Affirm as the exclusive provider of Shop Pay Installments in the U.S. and now extends that exclusivity to Canada, with plans to expand further into the U.K.
The renewed partnership strengthens Affirm’s position as the exclusive pay-over-time provider for Shop Pay Installments in the U.S., a role it has held since the service’s inception in 2021. Shopify merchants in Canada will soon be able to offer their customers a seamless checkout experience, powered by Affirm. Canadian consumers will be able to access flexible payment plans, including biweekly and monthly options, with rates as low as 0% APR, term lengths of up to 24 months, and no hidden fees or late charges.
Kaz Nejatian, Chief Operating Officer at Shopify, expressed his enthusiasm for the global expansion, stating, “Given the success of our long-standing partnership with Affirm in the U.S., bringing them to our merchants internationally is a no-brainer. Affirm’s premier technology, world-class team, and commitment to transparency make them a natural fit to continue supporting merchants in the Shopify ecosystem, and we look forward to bringing this same value to our merchants in Canada, the U.K., and beyond.”
Max Levchin, Founder and CEO of Affirm, reflected on the journey the companies have shared over the past five years. “Five years ago, Shopify and Affirm teamed up to create a bespoke payment solution that helps all kinds of businesses thrive by giving their customers more choice and flexibility,” said Levchin. “Since then, millions of consumers in the U.S. have relied on the value Shop Pay Installments offers, and we’ve heard from merchants all over the world who are clamoring for the growth potential it provides. We’re excited to deliver on that promise and continue our international expansion.”
The move to extend Shop Pay Installments to Canada marks a key milestone in the partnership, which has been a success since the program’s U.S. launch in 2021. Millions of consumers have utilized Shop Pay Installments, and the program has seen widespread adoption across Shopify’s vast network of merchants, according to a news release.
Looking ahead, the companies plan to introduce Shop Pay Installments to additional markets, including the U.K., as part of their ongoing global expansion strategy. This move is expected to offer millions more consumers the opportunity to shop with greater flexibility and transparency, while giving Shopify’s international merchants the tools to drive even more growth.
For Shopify merchants, the expanded global availability of Affirm’s Shop Pay Installments means enhanced sales opportunities and an improved customer experience. With millions of active users across Shopify’s platform and a growing list of international markets, the partnership is set to reshape the landscape of online commerce, making it easier for both consumers and businesses to thrive.
About Affirm
Affirm’s mission is to deliver honest financial products that improve lives. By building a new kind of payment network—one based on trust, transparency, and putting people first—Affirm empowers millions of consumers to spend and save responsibly. The company also gives businesses the tools to fuel growth. Unlike traditional credit cards and other pay-over-time options, Affirm never charges late fees or hidden fees. For more information, follow Affirm on LinkedIn, Instagram, Facebook, and X.
About Shopify
Shopify is the leading global commerce company that provides essential internet infrastructure for commerce. With a suite of trusted tools to start, scale, market, and run a retail business of any size, Shopify helps entrepreneurs and large brands alike grow their businesses. Shopify’s platform is engineered for speed, customization, reliability, and security, enhancing the shopping experience for consumers. Shopify powers millions of businesses across more than 175 countries and is trusted by global brands like BarkBox, Vuori, BevMo, Meta, and Supreme.
