Walmart, Affirm to offer extended payments to in-store, online shoppers

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Feb. 27, 2019

Walmart has entered an agreement with Affirm Inc. to give shoppers a new option to extend payments for in-store and online purchases, according to a company release.

The agreement will allow shoppers to apply online or through their smartphone for three-, six- or 12-month payment terms on purchases, with approvals received within minutes.

Affirm will be available for purchases of $150 to $2,000 on thousands of items in electronics, home and garden, furniture, sporting goods and other categories.

When customers apply for extended payment terms, they will be shown terms and interest amounts clearly in dollar amounts, without hidden fees or complicated formulas, the release said.

“We are focused on providing customers transparent, easy and convenient ways to pay —  offering

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