Shopify recently launched Shop Pay installments in the US, a buy now pay later feature. According to foreign media reports, the feature is provided by Affirm in the US and is now available to hundreds of thousands of American merchants.
Buy Now Pay Later will further boost sales. Studies have shown that merchants who trial Shop Pay have on average 50% higher order value in comparison with merchants who use other payment methods. In addition, merchants saw 28% fewer abandoned shopping carts after using Shop Pay.
【Source text：by report】
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