{"id":559052,"date":"2024-06-07T05:54:59","date_gmt":"2024-06-07T04:54:59","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=559052"},"modified":"2024-06-07T05:54:59","modified_gmt":"2024-06-07T04:54:59","slug":"bnpl-affirm-launches-two-new-payment-options","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/bnpl-affirm-launches-two-new-payment-options\/","title":{"rendered":"BNPL Affirm launches two new payment options"},"content":{"rendered":"

\"Affirm,<\/p>\n

Buy now, pay later (BNPL<\/a>) provider Affirm has announced two new payment options, Pay in 2 and Pay in 30, designed to offer customers more flexibility and affordability.<\/p>\n

As always with Affirm, consumers do not ever owe a penny more than what they agree to upfront, as there are no late fees or hidden charges, like compound or deferred interest.<\/p>\n

\u201cRoughly 80% of e-commerce transactions in the United States are for purchases under $150,\u201d said Vishal Kapoor, Head of Product, Affirm<\/strong>. \u201cProviding greater choice and flexibility is key to meeting our consumers where they are. Adding options like Pay in 2 and Pay in 30 allows us to better meet consumers\u2019 individual preferences, enabling them to pay for purchases large or small with more options that work best for their budgets.\u201d<\/p>\n

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<\/a> per month or to pay in full interest-free within 30 days of their purchase without ever revolving. Pay in 2 and Pay in 30 will begin appearing in Affirm\u2019s app, joining Pay in 4 and monthly instalments. Affirm has seen an increase in cart conversion within its app since offering its Pay in 2 and Pay in 30 options. 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.<\/p>\n","protected":false},"author":35778,"featured_media":554279,"parent":0,"template":"","categories":[42764,11384],"tags":[12474,21391,35274,42132,16598,13646,42313],"class_list":["post-559052","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-digital-payments","category-payments","tag-bnpl","tag-fintech-news","tag-fintech-usa","tag-kiosks","tag-merchant","tag-merchants","tag-pay-over-time-options"],"acf":[],"yoast_head":"\nBNPL Affirm launches two new payment options<\/title>\n<meta name=\"description\" content=\"Affirm has announced two new payment options, Pay in 2 and Pay in 30,\u00a0 designed to offer customers more flexibility and affordability\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/bnpl-affirm-launches-two-new-payment-options\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BNPL Affirm launches two new payment options\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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