PYMNTS· PYMNTS·· 1 hour agoAI score53
Affirm CEO expects AI shopping agents to favor 0% installment loans
Affirm CEO Expects AI Shopping Agents to Favor Interest-Free Installments
AI brief
AI-assisted source summary · not independently verified. Content standards
Affirm CEO Max Levchin expects that after consumers delegate shopping to AI agents, more transactions will opt for interest-free installment loans; these loans already accounted for 28% of Affirm's September-quarter GMV, while interest-bearing loans accounted for 72%.
Source:PYMNTS · pymnts.com