Can Shop Pay increase item prices by 6% for installment purchases?

Dmitrii3101 · ‎12-01-2021

Is it possible to automatically increase the price of goods by 6% for each item when buying in installments through Shop Pay?
Example: a product costs 100 USD. But if you buy in installments, then the calculation of payments from the price of 106 USD.
thanks

Trevor · ‎12-01-2021

@Dmitrii3101

It is not possible to increase the product price based on the payment provider your customer selects. If you're seeing an increase in Shop Pay Installment orders, then you could look into increasing the cost of your products as this can help increase your profit margin when paying the fees to have Shop Pay Installments enabled.

Trevor | Community Moderator @ Shopify
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View solution in original post

Trevor · ‎12-01-2021

@Dmitrii3101

It is not possible to increase the product price based on the payment provider your customer selects. If you're seeing an increase in Shop Pay Installment orders, then you could look into increasing the cost of your products as this can help increase your profit margin when paying the fees to have Shop Pay Installments enabled.

Trevor | Community Moderator @ Shopify
- Was my reply helpful? Click Like to let me know!
- Was your question answered? Mark it as an Accepted Solution
- To learn more visit the Shopify Help Center or the Shopify Blog

Can Shop Pay increase item prices by 6% for installment purchases?

Can Shop Pay increase item prices by 6% for installment purchases?

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