TLDR Fintech · MISCELLANEOUS
AMAZON ADDS AFFIRM PAYMENTS OPTION IN THE UK
Summary from the TLDR Fintech newsletter
The new Affirm payment options will be available to customers when shopping for millions of products. Customers can simply select Affirm as their payment method at checkout and apply to get an instant eligibility decision from Affirm. If approved, customers will be able to pay for their orders using flexible financing options: “0% Pay-in-3” splits the cost of the purchase into three interest-free monthly payments, while a longer-term interest-bearing (22% Representative APR fixed) plan is available for up to 48 months. Both options are available on baskets of at least £50 and come with no late or hidden fees.