Latest news with #paymentplans
Phone Arena
6 days ago
- Business
- Phone Arena
A new Samsung Wallet feature could rival Apple Pay Later when buying a new phone
The installment service is made possible through Samsung's partnership with Splitit, a third-party provider. Importantly, users won't need to apply for a new line of credit or pass a credit check to use the feature. The funds are drawn from the existing balance of the card you already have in your Wallet. Once you make a purchase, you can choose from one of four plans: six payments every two weeks, eight payments every two weeks, six monthly payments, or nine monthly payments. If no option is selected within 24 hours, the payment is processed in full. The installment service is made possible through Samsung's partnership with Splitit, a third-party provider. Importantly, users won't need to apply for a new line of credit or pass a credit check to use the feature. The funds are drawn from the existing balance of the card you already have in your you make a purchase, you can choose from one of four plans: six payments every two weeks, eight payments every two weeks, six monthly payments, or nine monthly payments. If no option is selected within 24 hours, the payment is processed in full. Receive the latest Samsung news Subscribe By subscribing you agree to our terms and conditions and privacy policy Are you more likely to purchase flagship devices if you had the option to split up the payments? Yes No It doesn't matter since I'm spending the same anyway Yes 0% No 0% It doesn't matter since I'm spending the same anyway 100% To use it, just tap 'Pay in installments' under an eligible card in Samsung Wallet. You'll then be prompted to pick a plan based on your budget. After that, you can keep track of your scheduled payments right from within the app. At launch, participating states include Arizona, Arkansas, Colorado, Georgia, Idaho, Illinois, Kansas, Louisiana, Maine, Maryland, Michigan, Missouri, Montana, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Tennessee, Utah, Wyoming, and Washington D.C. According to Drew Blackard, SVP of Mobile Product Management at Samsung Electronics America, the move aligns with Samsung Wallet's broader goal of convenience: — Drew Blackard, Senior Vice President of Mobile Product Management at Samsung Electronics America This addition may be especially useful for Galaxy device owners heading into the fall, as Samsung has just launched its latest generation of foldables, including the This addition may be especially useful for Galaxy device owners heading into the fall, as Samsung has just launched its latest generation of foldables, including the Galaxy Z Fold 7 . While this move could simplify how users manage larger payments, it also places Samsung in closer competition with other mobile wallet services that have introduced similar buy-now-pay-later tools in recent years. At launch, participating states include Arizona, Arkansas, Colorado, Georgia, Idaho, Illinois, Kansas, Louisiana, Maine, Maryland, Michigan, Missouri, Montana, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Tennessee, Utah, Wyoming, and Washington to Drew Blackard, SVP of Mobile Product Management at Samsung Electronics America, the move aligns with Samsung Wallet's broader goal of convenience: To use it, just tap 'Pay in installments' under an eligible card in Samsung Wallet. You'll then be prompted to pick a plan based on your budget. After that, you can keep track of your scheduled payments right from within the app. Samsung Wallet users in the U.S. are about to get more flexible ways to pay, as Samsung is rolling out a new installment payments feature starting July 25. The option will initially be available in 21 states and Washington D.C., with plans to expand nationwide by the end of new capability builds on the recent addition of Tap to Transfer, giving users another payment option when making in-store purchases. Instead of paying the full amount upfront, customers can now divide their transaction into smaller payments using their eligible Visa or Mastercard credit card.
National Post
12-06-2025
- Business
- National Post
DICK'S Sporting Goods and Affirm renew partnership
Article content With this renewal, eligible shoppers can now select Affirm's biweekly or monthly payment plans directly at checkout on or Article content PITTSBURGH — Today, DICK'S Sporting Goods (NYSE: DKS), a leading U.S. based full-line omni-channel sporting goods retailer, and Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced an extension of their partnership, which originally began in 2020. Just in time for the summer adventure season, eligible DICK'S and Golf Galaxy shoppers can now choose Affirm's flexible, transparent payment plans when checking out directly on or Article content Whether shopping for sports equipment and apparel, footwear, or outdoor summer essentials, paying with Affirm is simple. After selecting Affirm at checkout, approved consumers can split purchases into biweekly or monthly payments up to 36 months, for as low as 0% APR. As always, every time a consumer chooses Affirm, they go through a quick eligibility check. If approved, they will see personalized payment plans and no late or hidden fees, ever. Article content 'Providing our athletes with a seamless shopping experience and flexible payment options is extremely important to our team,' said Josh Conklin, Sr. Director, Treasurer at DICK'S Sporting Goods. 'With the success of the partnership to date, integrating Affirm directly into our online checkout process was a natural next step. We're excited to continue giving our athletes control, clarity, and convenience in how they pay, so they're ready for every season.' Article content 'It's clear that consumers love to 'Affirm' their DICK'S purchases via the Affirm app, and with summer shopping season in full swing, this was the perfect time to bring Affirm directly into the checkout experience,' said Pat Suh, SVP of Revenue at Affirm. 'We're excited to build on our partnership with DICK'S and offer an even simpler, more seamless way for shoppers to pay over time – always with no late or hidden fees.' Article content DICK'S Sporting Goods is one of nearly 360,000 retail partners who trust Affirm to deliver superior value to their customers. Article content About DICK'S Sporting Goods Article content DICK'S Sporting Goods (NYSE: DKS) creates confidence and excitement by inspiring, supporting and personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, the leading omni-channel retailer serves athletes and outdoor enthusiasts in more than 850 DICK'S Sporting Goods, Golf Galaxy, Public Lands and Going Going Gone! stores, online, and through the DICK'S mobile app. DICK'S also owns and operates DICK'S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile platform for live streaming, scheduling, communications and scorekeeping. Article content Driven by its belief that sports have the power to change lives, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving and employment opportunities can be found on and on Instagram, TikTok, Facebook and X. Article content About Affirm Article content Affirm's mission is to deliver honest financial products that improve lives. By building a new kind of payment network—one based on trust, transparency, and putting people first—we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike most credit cards and other pay-over-time options, we never charge any late or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | X. Article content Rates from 0–36% APR. For example, a $800 purchase might cost $72.21/mo over 12 months at 15% APR. Payment options through Affirm are subject to an eligibility check, may not be available everywhere, and are provided by these lending partners: Options depend on your purchase amount, and a down payment may be required. For licenses and disclosures, see Article content Article content Article content Article content Article content Article content
Yahoo
20-05-2025
- Business
- Yahoo
Costco and Affirm Just Made It Easier to Buy Big
Costco just made it easier for members to make major purchases without having to pay in full upfront. The bulk retail giant announced a new partnership with Affirm, the pay-over-time fintech company, offering a flexible monthly payment option for online shoppers. Starting this week, customers can use Affirm at checkout for purchases over $500. The plans—ranging up to $17,500—come with clear terms and no hidden or late fees. Unlike traditional credit cards, Affirm provides real-time eligibility checks and allows users to select personalized monthly payments with fixed interest rates. "As summer approaches, we're seeing more consumers turn to Affirm to prepare for the season ahead—whether it's outdoor entertaining essentials, like a new barbecue or patio furniture, a storage shed, or a new set of appliances,' said Pat Suh, Affirm's senior vice president of revenue. 'Costco members in particular know the value of planning ahead and buying in bulk.'The move signals Costco's continued evolution in meeting consumer needs beyond bulk savings, providing more purchasing power for shoppers looking to make large, practical investments. From outdoor gear to kitchen upgrades, the program gives users a way to budget larger expenses while maintaining transparency. Consumers spent $250 billion at Costco warehouses and online during the 2024 fiscal year, according to the company. This latest offering could expand that number by making higher-cost items more accessible. Affirm's approval process is instant, and payment terms can be viewed before committing—giving shoppers clarity and business model has drawn attention for its emphasis on honest lending and the absence of penalty fees, setting it apart from some 'buy now, pay later' competitors. With this new option, Costco shoppers can expect more than just savings—they'll also get in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
12-05-2025
- Business
- National Post
World Market partners with Affirm to offer new, flexible payment option in-store and online
Article content ALAMEDA, Calif. — World Market, a national specialty retailer known for stylish, quality furniture and home decor, thoughtful gifts, and one of the largest assortments of candy and international food favorites, has partnered with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, to offer shoppers a smarter, more transparent way to pay over time. With the summer shopping season in full swing, consumers can now access Affirm's flexible biweekly or monthly payment plans at World Market's nearly 250 locations nationwide and online at checkout. Article content Article content 'Helping our customers bring home unique finds they love while delivering the best shopping experience is World Market's mission,' said Eric Hunter, CEO of World Market. 'We are thrilled to have Affirm as a partner that will help us deliver on our mission by providing enhanced payment solutions that offer longer payment terms without hidden fees, giving our customers more choices in how they pay for their next furniture update, seasonal decor refresh or celebration essentials.' Paying with Affirm is simple and convenient. In-store World Market customers can get started by quickly scanning a QR code with their smartphone, while online shoppers can select Affirm at checkout. After a quick eligibility check, approved customers will see personalized payment plans, with rates as low as 0% APR, term lengths up to 36 months, and no late or hidden fees, ever. Article content 'Today's consumers want more control and flexibility in how they pay,' said Pat Suh, SVP of Revenue at Affirm. 'That's why brands like World Market choose Affirm – to offer a smarter, more transparent way to manage purchases, with no late or hidden fees. Now, whether shopping in-store or online, World Market's customers can pay over time with confidence.' Article content World Market joins Affirm's network of over 358,000 retail partners, including leading brands like Amazon, Williams Sonoma, Pottery Barn, West Elm, and more. Article content About World Market Article content World Market ( operates 246 stores featuring an ever-changing selection of unique and stylish home decor and furniture, gifts, and gourmet foods and beverages offered at affordable prices and imported from more than 50 countries. World Market's mission is to provide a delightful shopping environment where customers can discover great quality and great value in our ever-changing, unique marketplace. Article content Affirm's mission is to deliver honest financial products that improve lives. By building a new kind of payment network—one based on trust, transparency, and putting people first—we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike most credit cards and other pay-over-time options, we never charge any late or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | X. Article content Article content Article content Article content Article content Article content
Bloomberg
08-05-2025
- Business
- Bloomberg
Costco in Deal With Affirm Giving Shoppers Monthly Payment Plans
Costco Wholesale Corp. is tapping Affirm Holdings Inc. to let the retailer's online shoppers pay over time for a transaction, an option that's been helping many merchants sell bigger-ticket items and gives consumers more comfort in buying them. Customers, if approved, will be able to select monthly Affirm payment plans for Costco transactions, according to a shareholder letter Thursday.
