The Great Assets
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

The Great Assets

Business

Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout

by admin March 27, 2025
March 27, 2025
Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout

Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the bank’s payments network.

U.S. merchants who use JPMorgan to handle payments can soon add Affirm to their checkout pages, according to a release. Consumers will have access to loans ranging from 30 days to 60 months, according to Affirm.

The deal follows a similar announcement from rival Klarna last month, in which the Swedish fintech said it would be available to JPMorgan’s merchants. Affirm and Klarna are increasingly going head-to-head as the buy now, pay later field matures in the U.S.; Affirm is publicly traded and seeking to steadily grow profits, while Klarna recently filed for a U.S. IPO.

“The demand for diverse payment options, flexibility, and seamless transactions from both merchants and their customers is at an all-time high,” Michael Lozanoff, global head of merchant services at J.P. Morgan Payments, said in the release.

“By incorporating Affirm as a payment method into our Commerce Platform, we are empowering businesses to deliver the services they need and the experiences that customers increasingly expect as part of their retail journey,” he said.

Affirm said the deal was an expansion of existing banking and processing relationships with JPMorgan, the largest U.S. bank by assets. It wasn’t immediately clear when the new option would be available to merchants.

This post appeared first on NBC NEWS

previous post
White House says Russia and Ukraine agree to stop using force in Black Sea
next post
Berkshire Hathaway employee wins $1 million in Warren Buffett’s March Madness bracket challenge

Related Posts

PepsiCo buys prebiotic soda brand Poppi for nearly...

March 18, 2025

Treasury ends enforcement of business ownership database meant...

March 4, 2025

Amazon set to pass Walmart in revenue for...

February 7, 2025

Universal’s new Epic Universe park set to generate...

April 17, 2025

Government workers dismayed by Trump’s return-to-office mandate

January 28, 2025

Berkshire Hathaway employee wins $1 million in Warren...

March 27, 2025

How America’s chief consumer-protection agency came into the...

February 14, 2025

U.S. online stores put ‘out of stock’ signs...

June 12, 2025

Mattel says Barbies and Hot Wheels could soon...

February 6, 2025

‘Shark Tank’ alum Bombas taps former Under Armour...

May 16, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Top 11 Countries by Rare Earth Metal Production

      February 27, 2025
    • 2

      Rare Earths Reserves: Top 8 Countries

      February 5, 2025
    • 3

      Capital One outage drags into Friday afternoon, leaving some customers without deposit access

      January 23, 2025
    • 4

      Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

      January 23, 2025
    • 5

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 6

      Altech Batteries LtdCERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • 7

      Altech – CERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: thegreatassets.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 thegreatassets.com | All Rights Reserved