Shopify Signs New Partnership with Affirm – Financing Options Now Open to …

The Online payment service Affirm Inc. now enabled the company’s financing options will now be available to all U.S-based Shopify stores.

This Thursday, Shopify and Affirm Inc. announced a partnership that will enable Bitcoin users to have access to financing options for purchases. While Affirm’s financing options have already been available to select Shopify stores, including Boosted Boards, this last announcement rolls out the feature to all merchants on the platform.

Affirm. Inc., was launched by PayPal co-founder Max Levchin in 2012, and previously raised about $50 million in a Series A funding round.

In terms of actual implementation, store owners just have to opt into the payment option, similar to how Shopify lets merchants accept Bitcoin.

Financing Options Now Open to Bitcoin Enthusiasts

Shopify is a leading online shop builder that enables its clients to choose between  several payment methods, including bitcoin. The online shop builder is currently powering over 175,000 online shops  and has helped businesses process over $10 billion worth of sales. Shopify, focuses on making commerce better for everyone, so businesses can deliver their best: building and selling their products. Currently, a lot of merchants use the Shopify platform to manage every aspect of their business. From a team of 5 to a team of over 500 workers the company has grown to become one of the most stable companies in the ecosystem.

With this partnership, store owners will also be able to choose how many installments will be available in customer’s payment plans. The company explained that this is because different item categories traditionally have different payment plan lengths. For example, customers normally prefer to pay off clothing in a shorter period of time than an item like a laptop or cell phone.

It seems that the existing merchants have experienced a 30

Originally appeared at: http://www.newsbtc.com/2015/08/21/shopify-signs-new-partnership-with-affirm-financing-options-now-open-to-bitcoin-enthusiasts/