Bentonville, Arkansas-based Walmart has partnered with Affirm to bring its pay-over-time options to self-checkout kiosks at more than 4,500 stores in the U.S.
Eligible shoppers can choose to make monthly payments on purchases when checking themselves out in-store.
“Recent Affirm research revealed that more than half of Americans – 54 percent – are looking for retailers to offer a buy now, pay later option at checkout. Moreover, we’ve found that 76 percent of consumers would either delay or not make a purchase without Affirm,” said Pat Suh, Affirm’s SVP of revenue.
“Expanding our partnership with Walmart and bringing Affirm’s transparent monthly pay-over-time options to their self-checkout kiosks in the U.S. will help even more consumers increase their purchasing power during the holiday shopping season and beyond.”
In addition to in-store, online through walmart.com and via the app, consumers can also pay over time with Affirm at Walmart vision and auto centers.
With Affirm, customers are shown the total cost of their purchase and will not pay more than they agree to upfront. Affirm also does not charge any late or hidden fees.
Last year, Walmart began participating in a payback program for cardholders. Customers using eligible cards will be prompted at checkout with the option to turn their card rewards currency into discounts.
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