Affirm Adds New Payment Options

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; Affirm&comma; which offers buy now pay later services&comma; has introduced two new payment options&comma; Pay in 2 and Pay in 30&comma; to bring even greater choice and flexibility to consumers utilizing Affirm’s app&period; The company says consumers won&&num;8217&semi;t owe a penny more than what they agree to upfront as there are no late fees or hidden charges&comma; like compound or deferred interest&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Roughly 80&percnt; of e-commerce transactions in the United States are for purchases under &dollar;150&comma;” said Vishal Kapoor&comma; Head of Product&comma; Affirm&period; &OpenCurlyDoubleQuote;Providing greater choice and flexibility is key to meeting our consumers where they are&period; Adding options like Pay in 2 and Pay in 30 allows us to better meet consumers’ individual preferences&comma; enabling them to pay for purchases large or small with more options that work best for their budgets&period;”<&sol;p>&NewLine;<p>The rollout of Pay in 2 and Pay in 30 will enable consumers to split the cost of their purchase into two interest-free payments per month&comma; or to pay in full interest-free within 30 days of their purchase&comma; without ever revolving&period; Pay in 2 and Pay in 30 will begin appearing in Affirm’s app&comma; joining Pay in 4 and monthly installments&period; Affirm has seen an increase in cart conversion within its app since offering its Pay in 2 and Pay in 30 options&period; Affirm plans to test and roll out its Pay in 2 and Pay in 30 options more broadly to its integrated merchant partners in the coming months&period;<&sol;p>&NewLine;