According to Retail Customer Experience, the agreement will allow shoppers to apply online or through their smartphone for three-, six- or 12-month payment terms on purchases, with approvals received within minutes.
Affirm will be available for purchases of USD 150 to USD 2,000 on thousands of items in electronics, home and garden, furniture, sporting goods, and other categories.
When customers apply for extended payment terms, they will be shown terms and interest amounts in USD, without hidden fees or complicated formulas, the publication continues.
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