Amazon Partners with Affirm for Buy Now, Pay Later
Buy Now, Pay Later (BNPL) has been quickly growing in popularity. Offered by a number of companies and credit card providers, BNPL allows customers to split up payments into multiple installments, often without an interest charge. Amazon has offered BNPL through its branded credit card, but it has never offered it its broader U.S. customer base. That will change as the online giant has partnered with one of the BNPL leaders, Affirm, to roll out the popular payment method \u201cbroadly\u201d to is U.S. customers. We\u2019ll break down the deal and what it means for Amazon, Affirm, and the broader payment market live at 1 p.m. on 7investing Now.
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