Amazon Partners With Affirm on New Buy Now, Pay Later Option

Deal comes as delayed payments have taken off during the pandemic

Amazon shoppers will soon be able to delay payments on big-ticket items through a new deal the ecommerce giant has signed with buy now, pay later provider Affirm.

The partnership will give Amazon customers the option of spreading payments for certain purchases of $50 or more into monthly installments with no late fees or hidden charges, the companies announced. Amazon is rolling out the option to select customers now, and will make the service more broadly available in the coming months.

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