Affirm purchase now, pay later loans will likely be embedded into Apple Pay later this yr

Jun 11, 2024 | blog

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Chris Ratcliffe | Bloomberg | Getty Images

Apple gadget customers will quickly be capable to faucet into purchase now, pay later loans from Affirm for purchases, the businesses stated Tuesday.

Affirm will floor as an possibility for U.S. Apple Pay customers on iPhones and iPads later this yr, the San Francisco-based fintech firm stated in a submitting. Apple confirmed the information in its personal replace.

“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,” Affirm stated in an e mail assertion.

Shares of Affirm rose 5% in early buying and selling Tuesday, whereas shares of Apple had been up about 2.5%.

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