Monthly payments or sales-based repayment plans.
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Shopify Credit is typically repaid through automatic deductions from your Shopify sales, rather than through traditional monthly loan payments.
The main repayment options are:
Automatic repayment from sales: A fixed percentage of your daily Shopify sales is automatically deducted and applied to your Shopify Credit balance.
Manual payments: You can also make additional payments manually from your Shopify admin to reduce your balance faster.
Full repayment: You can pay off the remaining balance in full at any time if you choose.
In short, Shopify Credit offers automatic sales-based repayment, with the option to make manual or full payments whenever you want.