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Stock impact report

BNPL Company Affirm Launches New Payment Options To Boost Flexibility [Yahoo! Finance]

Affirm Holdings, Inc. - Class A (AFRM) 
Company Research Source: Yahoo! Finance
These options allow consumers to split their purchase into two interest-free payments or pay in full within 30 days without any late fees or hidden charges. Vishal Kapoor, Head of Product at Affirm, highlighted that these new options cater to the 80% of e-commerce transactions in the U.S. that are under $150, providing more choices and meeting consumers' budget preferences. Also Read: Visa Rolls Out New Tech Rivaling Apple Pay, Teams Up with Affirm for Easier Transactions The rollout of Pay in 2 and Pay in 30 has already increased cart conversion within the app, and Affirm plans to extend these options to its integrated merchant partners soon. Also, this week , Affirm expanded its partnership with Alterra Mountain Company to drive travel spending. Previously, CEO Max Levchin maintained continued spending and utilization of Buy Now, Pay Later (BNPL). Affirm Holdings stock gained 93% in the last 12 months. Investors can gain exposure to the stock via Amplify ETF Trust Ampli Show less Read more
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