Trusted independent reportCross-border relevantPublication date verified
PYMNTS
Affirm and Shopify Take Shop Pay Installments to Australia
WHAT HAPPENED
PYMNTS reports that Affirm and Shopify launched Shop Pay Installments in Australia. Affirm's primary announcement says Australian Shopify merchants can enable the product from Shopify admin, while eligible shoppers can split purchases into fortnightly or monthly payments that may be interest-free or interest-bearing. Affirm exclusively powers the credit product, and credit remains subject to eligibility and approval.
PUBLISHED August 28, 2026SOURCE PYMNTSLANE Payment infrastructure
KEY FIGURES
more than 250 million
Global Shop Pay Installments users claimed by the companies
WHAT TO WATCH NEXT
Watch whether follow-up sources disclose availability by market, pricing, first customers, supported rails, and usage.
Independent PYMNTS report corroborated by Affirm's August 27 launch announcement. Australian availability and product terms are company-confirmed; the global user figure is not Australian adoption, and no market-specific volume, conversion, loss or fee outcome is disclosed.
The page already presents the summary and analysis. This section keeps only the copy, download, and technical source record without repeating the same reading view.
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# Affirm and Shopify Take Shop Pay Installments to Australia
> Evidence tier: B1
> Evidence type: Independent payments-trade report corroborated by Affirm's launch announcement
> Source: [PYMNTS](https://www.pymnts.com/bnpl/2026/affirm-and-shopify-take-shop-pay-installments-to-australia)
> Published: 2026-08-28
> Captured: 2026-08-28T12:40:49.115Z
## Source summary
PYMNTS reports that Affirm and Shopify launched Shop Pay Installments in Australia. Affirm's primary announcement says Australian Shopify merchants can enable the product from Shopify admin, while eligible shoppers can split purchases into fortnightly or monthly payments that may be interest-free or interest-bearing. Affirm exclusively powers the credit product, and credit remains subject to eligibility and approval.
## Why it matters
This is a live geographic expansion of Shopify's checkout-integrated installment option and marks Affirm's return to Australia. The companies say the product has no late, hidden, account or compounding-interest fees, although interest may apply. The cited 250 million Shop Pay Installments users is a company-wide global adoption claim, not Australian usage. No Australia-specific merchant count, buyer adoption, GMV, approval rate, conversion change, loss rate or fee economics is disclosed.
## Key numbers
- **Global Shop Pay Installments users claimed by the companies:** more than 250 million
## Topics and entities
- Industry lane: Payment infrastructure
- Entities: Affirm / Shopify
- Payment infrastructure
## Evidence and credibility note
Independent PYMNTS report corroborated by Affirm's August 27 launch announcement. Australian availability and product terms are company-confirmed; the global user figure is not Australian adoption, and no market-specific volume, conversion, loss or fee outcome is disclosed.
Date evidence: Automatically verified from article:published_time: 2026-08-28T02:05:23+00:00
## First-party corroboration
- [https://investors.affirm.com/news-releases/news-release-details/affirm-and-shopify-launch-shop-pay-installments-australia](/en/items/https://investors.affirm.com/news-releases/news-release-details/affirm-and-shopify-launch-shop-pay-installments-australia)
## Original-source traceback
[Open the original PYMNTS report](https://www.pymnts.com/bnpl/2026/affirm-and-shopify-take-shop-pay-installments-to-australia)
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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.