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8/27, 10:47 PM (Source: TeleTrader)
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Amazon, Affirm announce partnership

Amazon.com Inc. reported on Friday that it is teaming up with Affirm to offer its customers the first buy now, pay later checkout option in e-commerce.

The new partnership will allow Amazon customers to split purchases of $50 or more into monthly payments.

"By partnering with Amazon we're bringing the transparency, predictability and affordability that Affirm provides today to the millions of people who shop on Amazon.com in the U.S. Offering Affirm's alternative to credit cards also delivers more of the payment choice and flexibility consumers on Amazon want," Affirm's Senior VP Eric Morse said.

Breaking the News / MD