Affirm and JPMorgan Chase partner to offer installment loans to U.S. merchants

From CNBC: 2025-03-25 09:00:00

Fintech lender Affirm partners with JPMorgan Chase to offer buy now, pay later loans to U.S. merchants on the bank’s payments network. Consumers can access loans ranging from 30 days to 60 months. Affirm competes with Klarna as the buy now, pay later field in the U.S. matures. JPMorgan’s global head of merchant services highlights the demand for diverse payment options.

Read more: Affirm says JPMorgan Chase merchants can now offer installment loans