Business Impact
How much more does Shop Pay convert compared to guest checkout?
50%
How many Shop Pay Users are there globally?
250 million
What wallet has the highest adoption across Shopify brands?
Shop Pay
How much in sales did Shopify process?
$14.6 Billion
What is the typical implementation timeline?
4 to 8 weeks
How much lift in lower funnel conversion does Shop Pay enable when present at checkout?
5%
What 2 generations are most prevalent in the Shop Pay buyer network?
Gen Z and Millennial
What app do your buyers get access to with Shop Pay?
Shop App
81+ Million
How many hours of support do you get through implementation from Shopify?
20 hours
How much better does Shop Pay convert relative to PayPal?
16%
What % of Shop Pay buyers earn more than $100k annually?
50%
What is Shopify’s BNPL solution called?
Shop Pay Instalments
What % of orders were placed using Shop Pay?
32%
How are Shop Pay users identified?
Email identifier
What is the AOV lift from orders processed through Shop Pay?
15%
How often do a majority of Shop Pay buyers shop online in a week?
1x/week
Who is the payment processor for Shop Pay orders?
Shopify Payments
What was the average cart price?
$114
What Shop offering is NOT available with Shop Pay Component?
Shop Cash. This is limited to full platform merchants.
How many times faster is it to checkout with Shop Pay relative to other checkouts?
4x
What % of active online shoppers prefer to use Shop Pay over other methods?
64%
What are the two checkout options available in Shop Pay Installments?
Buy Now, Pay Later (BPNL) and financing
How many packages globally were tracked on the Shop App?
136 Million
Subscriptions