Affirm (AFRM) witnesses growth in cart conversion within its app following the introduction of the two payment options, signaling high demand.
Affirm Holdings, Inc (NASDAQ:AFRM) announced new payment options, Pay in 2 and Pay in 30, to offer more flexibility and affordability for consumers using Affirm’s app. These options allow consumers to split their purchase into two interest-free payments or pay in full within 30 days without any late fees or hidden charges. Vishal Kapoor, Head of Product at Affirm, highlighted that these new options cater to the 80% of e-commerce transactions in the U.S. that are under $150, providing more choice
Affirm Holdings (AFRM) is currently riding on growth in its active merchant base and consumers.