11/03/2023

Amazon, Affirm Partner to Offer Small Businesses a 'Buy Now, Pay Later' Option

This is for the millions of small business owners who use Amazon's online store

Amazon is unveiling its first buy now, pay later checkout option for the millions of small business owners who use its online store, CNBC learned exclusively. The service, with loans ranging from $100 to $20,000, will be available to all eligible customers by Black Friday, or Nov. 24.

The tech giant confirmed Thursday that its partnership with Affirm is expanding to include Amazon Business, the e-commerce platform that caters to businesses.

Affirm shares jumped 19 percent on the news.

Please select this link to read the complete article from CNBC.