US EditionAffirm inks deal with J.P. Morgan Payments to deliver more flexible, transparent payments to merchants
- Affirm has reached an agreement with JPMorgan Chase to offer buy now, pay later services to merchants, allowing them to add Affirm at checkout.
- Consumers will soon have access to loans ranging from 30 days to 60 months when using Affirm at checkout.
- High demand for flexible payment options is noted, as stated by Michael Lozanoff, global head of merchant services at JPMorgan Payments.
- The deal represents an expansion of existing banking relationships with JPMorgan, which is the largest U.S. Bank by assets.
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Affirm, JPMorgan Chase deal permits installment loans at checkout
U.S. merchants who use JPMorgan to handle payments can now add Affirm to their checkout pages, according to a release. Consumers will have access to loans ranging from 30 days to 60 months, according to Affirm. The deal follows a similar announcement from rival Klarna last month, in which the Swedish fintech said it would be available to JPMorgan’s merchants. Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase t…
·Fort Worth, United States
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