Amazon.com Inc. will allow eligible US retailers using the online retail giant’s Amazon Pay service to offer Affirm Holdings Inc.’s buy now, pay later product under a new agreement between the two companies.
The service, known as Adaptive Checkout, offers biweekly and monthly payment options for purchases of more than $50 with annual percentage rates starting at zero, according to a statementBloomberg Terminal Wednesday. Millions of customers using Amazon.com and the Amazon mobile app already have access to the pay-over-time service, the companies said.
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