Affirm announced they are partnering with merchants to make financing available in-store; Affirm InStore works similar to their online point of sale solution where customers can pay for purchases over time with fixed installments; the company also announced that consumers will be able to add a newly issued Affirm virtual card via Apple Pay. Source
As Ryan wrote last week in an article about an industry-wide push into online retail point-of-sale financing, Affirm is changing...
Article shares a story of a $200 jean purchase that was made with the help of point of sale finance firm Affirm; Affirm works with over 1,000 retailers to provide installment loans; merchants benefit since consumers end up spending more, but some critics say it promotes poor consumer behavior; article shares the history of consumer credit and the changes in point of sale financing. Source
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The two companies will offer a suite of point of sale of devices and semi-integrated apps for merchant payment processing; the partnership will also enhance the efficiency of payments for merchants both through better communication from multiple devices and through more efficient connectivity with banks and the payments ecosystem. Source
Worldline is a financial services company that provides everything from in-store point-of-sale terminals through to online payments, data analytics, banking...