Amazon Teams with Affirm to Offer BNPL Options in the UK
Amazon has partnered with Affirm to offer buy now, pay later (BNPL) options to its U.K. customers.
The new financing options will be available on Amazon's U.K. website in the coming weeks and can be used for purchases of £50 or more.
Customers will have two payment plans to choose from: three interest-free installments over three months, or a 48-month interest-bearing option.
Affirm's new underwriting model is designed to approve customers who may have been declined by older models due to limited credit histories or no FICO score at all.