Latest news with #paymentplans
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.
