Financing Options

 

What is Klarna Financing, and How Does it Work?

Financing allows you to spread the cost of your purchase for up to 24 months.

How to finance your purchase:

  1. Select the Financing option in the store's checkout
  2. Choose your preferred timeline and interest rate
  3. Follow the steps to complete the application
  4. Get an instant approval decision
  5. Complete your purchase

You'll receive an email from Klarna with your payment plan when our store ships your order.

Please note: A credit check will be performed when you apply for Klarna's Financing options.

 

When do I pay?

That depends on your agreement.

  • If your purchase is added to your Financing account, it will be due at the end of each month.
  • If you used a One-time card to make your purchase, your first payment would be due one month after your order was processed and then monthly after that on the same date each month.

You can always find your payment plan and upcoming payments in your Klarna account.

 

Good to know:

  • Klarna's Financing Products are issued by WebBank (member FDIC) in partnership with Klarna
  • The Annual Percentage Rate (APR) for purchases is between 0-29.99%
  • Please read Klarna's Terms & Conditions for more detailed information about Financing

 

 

shop Pay Logo

How Does Shop Pay Installments Work?

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

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

 

Buy Now, Pay Later With Shop Pay

When choosing Shop Pay at checkout, you can split your purchase into flexible installments.**

 

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.**

 

Which Payment Methods Are Accepted If I Use The Option To Pay Installments on Shop Pay?

The installments option on Shop Pay is available on debit and credit cards.  

 

Can I Use Shop Pay Installments If I'm An International Customer?

Shop Pay Installments is only available to customers with a United States billing address and phone number.  Customers with international billing addresses and phone numbers can't use Shop Pay Installments.  

 

Is there a limit to how much I can spend on a single Shop Pay Installments order?

Yes, 17,500 USD is the order value limit that applies to purchases using Shop Pay Installments, including discounts, shipping, and taxes.  

Can I Buy Gift Cards With Shop Pay Installments?

You can't purchase gift cards using Shop Pay Installments.  Suppose you want to purchase gift cards along with Shop Pay Installments eligible products.  In that case, 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 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, contact Affirm support for assistance.

 

What If I Make A Return On A Purchase Made Through Installments With Shop Pay?

After your refund is processed, the refund amount will appear on your payment schedule 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.

Suppose your refund is more than your purchase balance.  In that case, the difference is returned to your original payment method within 3-10 business days.

If your order is made with monthly payments, then the paid interest isn't refunded.  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/

 

Note

**Rates from 0% APR to 10-36% 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.