The extended partnership allows all eligible purchases made in the US of USD 50 and more on Amazon to be split into monthly payments, a service that was earlier available only to selected customers.
As part of the agreement, Amazon will buy shares of Affirm’s stock, making the company Amazon’s only third party, non-credit card, BNPL service provided in the US until January 2023. Moreover, the BNPL platform will become a recurrent payment method in Amazon’s Pay digital wallet.
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