Wayfair Partners with Affirm to Offer Shoppers More Accessible Financing Option
October 27 2016 - 7:30AM
Business Wire
E-Commerce Retailer Makes It Easier than Ever
to Shop for Home Furnishings on a Budget
Wayfair Inc. (NYSE:W), one of the world's largest online
destinations for home furnishings and décor, today announced a new,
accessible financing option for its customers. In partnership with
Affirm, Wayfair offers shoppers another way to make purchases with
the flexibility to buy now and make simple monthly payments for
their purchases. This new financing program from Affirm is in
addition to Wayfair’s existing private label credit card offering
and will extend financing options to a broader range of
customers.
“We are committed to offering our customers the best retail
experience in home and that includes flexible financing options
that meet our shoppers’ individual needs and budgets,” said Steve
Oblak, general manager, Wayfair. “In partnership with Affirm, we
are able to extend another option to our customers and make it
easier than ever before to shop for home furnishings on any
budget.”
Wayfair customers can select Affirm at checkout and view their
monthly payments up front before making a purchase.
“Affirm’s goal is to offer honest, responsible, transparent
services that help the people we serve," said Max Levchin, CEO,
Affirm. “We are delighted to provide our services to Wayfair’s
rapidly growing customer base and help people make their visions
for home a reality. With Affirm, Wayfair is making financing more
accessible to shoppers. There are no hidden fees or costs and
Wayfair shoppers using Affirm know their total cost up front.”
For more information on Wayfair’s new financing program, visit
https://www.wayfair.com/affirm.
About Affirm
Affirm offers services that empower consumers to advance their
financial well-being. Our mission is to revolutionize the banking
industry to be more accountable and accessible to consumers. Today,
Affirm shoppers get the flexibility to buy now and make simple
monthly payments for their purchases. Unlike existing payment
options that may have compounding interest and unexpected costs,
Affirm shows customers upfront exactly what they’ll owe — with no
hidden fees and no surprises. Also, Affirm reaches a broader
population of consumers through advanced technology and analytics
that look beyond traditional FICO scores.
About Wayfair
Wayfair Inc. offers an extensive selection of home furnishings
and décor across all styles and price points. The Wayfair family of
brands includes:
- Wayfair, an online destination for all
things home
- Joss & Main, where beautiful
furniture and finds meet irresistible savings
- AllModern, a go-to online source making
modern design more accessible
- DwellStudio, a design house with a
decidedly modern vibe
- Birch Lane, a collection of classic
furnishings and timeless home décor
Wayfair generated $2.87 billion in net revenue for the twelve
months ended June 30, 2016. Headquartered in Boston, Massachusetts
with operations throughout North America and Europe, the company
employs more than 5,300 people.
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version on businesswire.com: http://www.businesswire.com/news/home/20161027005408/en/
Wayfair Inc.Media Relations Contact:Jane Carpenter,
617-502-7595PR@wayfair.comorInvestor Relations Contact:Julia
DonnellyIR@wayfair.com
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