Advertisement

Shopify Simplifies Installment Payments For Online Purchases

Installment paymentsMerchants using the Shopify e-Commerce platform will now be able to offer interest-free installment payments on purchases via a plugin from Splitit. Shopify’s retailers, which total more than 275,000 companies in 150 countries, can integrate the Splitit payment tool into their checkout processes, allowing consumers to split purchases into monthly transactions on their existing Visa and MasterCard credit cards.

Splitit plugins are already available on e-Commerce platforms including WooCommerce and Magento. Merchants that offer an installment payment option report an average increase of 20% in overall sales, according to a company statement.

“With online sales at an all-time high, it’s imperative that merchants optimize their e-Commerce businesses to meet consumer demand,” said Gil Don, CEO of Splitit in a statement. “We have found consumers to be increasingly more in favor of installment payments over other traditional incentives such as discounts and free shipping.”

Advertisement

Featured Event

View the Retail Trendcaster Webinar Series on-demand to uncover key 2025 retail trends, from AI and personalization to social commerce. Gain expert insights, data-driven predictions, and actionable takeaways to stay ahead in a rapidly evolving market.

Advertisement

Advertisement

Retail Trendcaster Webinar Series
Days
Hours
Minutes
Seconds

Uncovering What’s Next in Retail

On-Demand Limited Video Series

Q1 is a pivotal time for retail, with experts analyzing holiday sales and forecasting trends. View the full lineup of the Retail Trendcaster video series for insights on consumer spending, AI, personalization, social commerce, and more—helping you focus on what truly matters in 2025.

Brought to you by
Retail TouchPoints
Access Now
Retail TouchPoints is a brand of Emerald X LLC. By clicking the button and submitting information, you acknowledge and agree that your information may be shared with corporate affiliates of Emerald X LLC, and other organizations such as event hosts, speakers, sponsors, and partners. Please read our Privacy Policy and our Terms Of Use for more information on our policies.

Access The Media Kit

Interests:

Access Our Editorial Calendar




If you are downloading this on behalf of a client, please provide the company name and website information below: