Affirm Expects Payment Products to Be Available to US Apple Pay Users This Year [BNN Bloomberg (Canada)]
PayPal Holdings, Inc. (PYPL)
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Source: BNN Bloomberg
The agreement will allow users checking out online or in-app with Apple Pay on iPhone and iPad to be able to apply to pay over time with Affirm, the company said in a filing with the US Securities and Exchange Commission on Tuesday. Affirm doesn't expect the partnership to have a material impact on revenue or gross merchandise volume in fiscal year 2025. Affirm is one of the primary players in the buy now, pay later market, which has continued to grow since its explosion during the pandemic-era days of increased e-commerce shopping. San Francisco-based Affirm — founded by Max Levchin, also a co-founder of PayPal Holdings Inc., is one of the best-known buy now, pay later providers, along with Klarna Bank AB and Block Inc.'s Afterpay. “This provides users with additional payment choices, and offers the ease, convenience and security of Apple Pay alongside the features users love in Affirm – flexibility, transparency and no late or hidden fees,” an Affirm spokesperson said. “We'll p
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PYPL
Earnings
- 4/30/24 - Beat
PYPL
Sec Filings
- 6/21/24 - Form 3
- 6/3/24 - Form 4
- 6/3/24 - Form 8-K
- PYPL's page on the SEC website