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PYMNTS· PYMNTS·· 21 hours agoAI score50

Affirm Secures Exclusive Installment Payment Partnership with Sam’s Club, Launching on Its Website Within Weeks and Expanding to Stores in 2027

Affirm Inks Exclusive Deal with Sam’s Club as Competition for BNPL Shoppers Intensifies

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Affirm and Sam’s Club have entered into a multi-year exclusive partnership, making Affirm its exclusive installment payment provider. The service will launch on SamsClub.com in the coming weeks, with plans to expand to physical stores in 2027. Eligible shoppers can apply for financing at checkout and receive an instant decision, then choose a monthly payment plan if approved. Affirm says it charges no late fees or compound interest. The article says that 74% of BNPL users used two or more providers in the three months through May, making retailer distribution channels a key competitive focus.

Source:PYMNTS · pymnts.com