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{"id":34494,"date":"2023-06-07T21:52:33","date_gmt":"2023-06-07T21:52:33","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/06\/07\/amazon-pay-taps-affirm-to-be-its-first-buy-now-pay-later-player-in-the-us\/"},"modified":"2023-06-07T21:52:34","modified_gmt":"2023-06-07T21:52:34","slug":"amazon-pay-taps-affirm-to-be-its-first-buy-now-pay-later-player-in-the-us","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/06\/07\/amazon-pay-taps-affirm-to-be-its-first-buy-now-pay-later-player-in-the-us\/","title":{"rendered":"Amazon Pay taps Affirm to be its first buy now, pay later player in the US"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/06\/07\/amazon-pay-taps-affirm-to-be-its-first-buy-now-pay-later-player\/<\/a><\/br>
\nAmazon Pay taps Affirm to be its first buy now, pay later player in the US<\/br>
\n2023-06-07 21:52:33<\/br><\/p>\n

\n

Affirm has become the first buy now, pay later player to be added to Amazon Pay, the two companies announced<\/a>\u00a0today.<\/p>\n

As part of the new partnership, any Amazon Pay merchants in the U.S. can now choose to offer their customers the option to \u201cbuy now, pay later\u201d using Affirm\u2019s technology. Merchants who offer Amazon Pay don\u2019t have to integrate Affirm as a standalone installment option. They can instead add it to their existing Amazon Pay button.<\/p>\n

Affirm first announced an initial\u00a0partnership with Amazon<\/a>\u00a0in August of 2021, which was exclusive through January of 2023. It started by rolling out in the U.S., before launching on\u00a0Amazon.ca<\/a>\u00a0and the Amazon mobile app in Canada\u00a0last September<\/a>.<\/p>\n

Now, through what Affirm describes as its Adaptive Checkout technology, the company says it gives consumers customized payments options, such as bi-weekly and monthly, for purchases over $50 starting at 0% APR. Amazon Pay customers who select Affirm as a payment option do have to be approved first in a process that Affirm says will not impact their credit score.<\/p>\n

The fintech company has always touted that consumers using its technology \u201cwill never pay more than they agree to\u201d as \u201cthere are no late or hidden fees with Affirm.<\/p>\n

For consumers, it\u2019s one more way to spread out the payment of purchases. Amazon Pay generally makes it easier for people to order things online without having to enter all their name, address and payment info since it allows them to connect to their accounts with the click of a button. For retailers, that convenience was already more likely to translate into increased sales and presumably, more payment options would only boost sales. Also, Affirm claims that retailers offering Amazon Pay with Affirm will now be able to tap into a new shopper network since 16 million shoppers \u201cactively use Affirm.\u201d<\/p>\n

For Affirm, the agreement represents a scaling of the two companies\u2019 existing relationship. Currently, Affirm is already used by \u201cmillions\u201d of customers in the U.S. and Canada on\u00a0Amazon.com<\/a>\u00a0and the Amazon app.<\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Science, Tech, Technology<\/br>
\n<\/br>
\nSource:https:\/\/techcrunch.com\/2023\/06\/07\/amazon-pay-taps-affirm-to-be-its-first-buy-now-pay-later-player\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/06\/07\/amazon-pay-taps-affirm-to-be-its-first-buy-now-pay-later-player\/ Amazon Pay taps Affirm to be its first buy now, pay later player in the US 2023-06-07 21:52:33 Affirm has become the first buy now, pay later player to be added to Amazon Pay, the two companies announced\u00a0today. As part of the new partnership, any Amazon Pay merchants in the U.S. can now choose […]<\/p>\n","protected":false},"author":1,"featured_media":34495,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-34494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\nAmazon Pay taps Affirm to be its first buy now, pay later player in the US - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2023\/06\/07\/amazon-pay-taps-affirm-to-be-its-first-buy-now-pay-later-player-in-the-us\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon Pay taps Affirm to be its first buy now, pay later player in the US - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source:https:\/\/techcrunch.com\/2023\/06\/07\/amazon-pay-taps-affirm-to-be-its-first-buy-now-pay-later-player\/ Amazon Pay taps Affirm to be its first buy now, pay later player in the US 2023-06-07 21:52:33 Affirm has become the first buy now, pay later player to be added to Amazon Pay, the two companies announced\u00a0today. 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