Affirm Partners with Amazon to Offer Flexible Payment Solution

Aug 30, 2021 By MarketDepth

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Pay over time options show consumers exactly shat they will pay up front, while never increasing that amount and never charging any late or hidden fees. 

New Payment Solution

Affirm (NASDAQ: AFRM) has partnered with, Inc. (NASDAQ: AMZN) to offer its flexible payment solution to Amazon customers at checkout.  The partnership is testing the payment solution on select customers and in the next few months, plans to make Affirm more broadly available to its customers.  Amazon has the option to split the total cost of purchases of USD 50 or more into simple monthly payments by Affirm.  Customers that are approved will be shown the total cost of their purchase upfront and never pay more than what they agree to at checkout.  When selecting Affirm, customers will not be charged any late or hidden fees.  

“By partnering with Amazon we’re bringing the transparency, predictability and affordability that Affirm provides today to the millions of people who shop on in the U.S. Offering Affirm’s alternative to credit cards also delivers more of the payment choice and flexibility consumers on Amazon want.”

Eric Morse, Senior Vice President of Sales at Affirm