Credit Card Processing

Amazon partnership with Affirm’s buy now, pay later

by Matt Rej
|
Published: August 30, 2021
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Amazon partnership with Affirm’s buy now, pay later
PUBLISHED FRI, AUG 27 20214:30 PM EDTUPDATED SAT, AUG 28 20212:33 PM EDT
 
Kate Rooney@KR00NEY
KEY POINTS
  • Affirm’s buy now, pay later checkout option will be available to certain Amazon customers in the U.S. starting Friday with a broader rollout in the coming months.
  • The partnership will let Amazon customers split purchases of $50 or more into smaller, monthly installments.
  • Friday’s partnership is the latest sign of the booming installment lending space as younger consumers move towards these alternative lines of credit.
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