Amazon Pay Adds Affirm's Pay-Over-Time Feature
June 07 2023 - 09:48AM
Dow Jones News
By Will Feuer
Amazon.com said eligible U.S. merchants that offer Amazon Pay,
the e-commerce giant's payment processing service, can now
integrate Affirm's buy now, pay later tool.
Shares of Affirm rose about 14% to $18.00 in premarket trading
Wednesday.
Customers who click the Amazon Pay button on a participating
retailer's site now have the option to select Affirm as their
payment method.
Affirm's adaptive checkout service offers bi-weekly and monthly
payment options side-by-side with cash prices at online
checkout.
The companies said offering Affirm's service at checkout could
drive overall sales by convincing customers to spend more.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
June 07, 2023 09:33 ET (13:33 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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