How does Shop Pay Work?

When you choose to use Shop Pay at checkout, you can split your purchase into 4 equal, 0% interest installment payments - with no additional, hidden, or late fees. 

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

When checking out with Shop Pay, you have the option to pay now or later. Paying in installments on Shop Pay allows you to split your purchase amount into 4 equal, biweekly installment payments—with 0% interest, no hidden or late fees, and no impact on your credit score.

In some instances, your first payment is due when you make your purchase; otherwise, your first payment is due 2 weeks after your purchase.

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. 

Are there late fees? 

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

My installments payment using Shop Pay was rejected - why? 

Eligibility for and approval of Shop Pay Installments is managed by Shop Pay and Affirm. Cubo Ai has no control over this process, but you should receive an email from Affirm detailing why your payment was rejected.

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

If we process a refund, the refunded amount will be returned to your original payment method within 5-10 business days, and your balance will be updated.

If your refund is less than your total purchase balance, 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, the difference will be returned to your original payment method within 5-10 business days.