Affirm Inks Exclusive Deal with Sam’s Club as Competition for BNPL Shoppers Intensifies
By PYMNTS
AI summary of the source article
Affirm announced an exclusive partnership with Sam’s Club on Thursday (Oct. 22). The agreement provides the buy now, pay later provider a new presence in warehouse retail and an opportunity to expand its role in everyday consumer spending.
Why it matters
The deal gives Affirm "a new foothold in warehouse retail" and "a chance to deepen its role in everyday spending as installment providers compete".
Key facts
- Affirm established an exclusive partnership with Sam’s Club.
- The agreement was announced on Thursday (Oct. 22).
- The partnership provides Affirm with a foothold in warehouse retail ranging from household essentials to electronics.
Source excerpt · PYMNTS
Affirm’s new exclusive partnership with Sam’s Club gives the buy now, pay later (BNPL) provider a new foothold in warehouse retail, where shoppers make purchases ranging from household essentials to big-ticket electronics. The deal, announced Thursday (Oct. 22), also gives Affirm a chance to deepen its role in everyday spending as installment providers compete to […] The post Affirm Inks Exclusive…