This sounds like a great feature that we're super-excited to learn more about. The presenter said that it's integrated into Shop Pay, which gives me pause, because my understanding is that Shop Pay is for physical goods only (from the help center: "If your checkout does not require a shipping address, then your customers are not asked to opt in to Shop Pay.").
Does this mean that Installments will only work for physical goods?
If so, are there plans to enable Shop Pay for digital goods in the future?
We sell a number of high dollar digital items on a payment plan/installments now using ReCharge. It would be great if people can store payment information in Shop Pay to reduce future purchase friction in general and take advantage of this new installment feature.
Hello ~ I am interested in trying the Four - Buy Now, Pay Later, however, although you (shopify) are promoting this in your video today, as I try to install the app, I get the warning message that Shopify has not reviewed this app. Be sure you trust this developer before you install. This is disappointing, why you would promote before reviewing? Can you help out with this confusion?
At this time, we do not have specific details on the availability of Shop Pay installments for Digital Goods. However, you can join the waitlist at our website here to get updates on this feature in the near future.
If there is anything else I can help you with, please let me know.