"In June, we made our Buy Now Pay Later product, Shop Pay instalments available to all eligible merchants in the US with the product automatically enabled for new merchants signing up for Shopify Payments and simple self-serve on boarding available to existing merchants. While early GMV transacting through Shop Pay instalments more than tripled in Q2 over the prior quarter as more buyers are using our product to checkout."
Shopify just announced results that beat today. In the transcript they mentioned their roll out of Shopify Pay Instalments. It seems it is finally now completely rolled out in the US (not sure about Canada). In any case this could be a major bump in Q2 and beyond for Affirm and could mean that Shopify is ready to consider a native Payments partner for ex North America,
KM
APT Price at posting:
$99.00 Sentiment: Hold Disclosure: Held
