Costco Wholesale Corporation announced a multi-year partnership with Affirm, making it a pay-over-time provider for Costco.com in the U.S. This new feature allows Costco members to use Affirm at checkout for online purchases ranging from $500 to $17,500.
Starting immediately, approved members can access personalized monthly payment plans with transparent pricing, free from late or hidden fees. This initiative aims to provide greater financial flexibility for members, especially for big-ticket items like outdoor entertaining essentials or appliances.
The integration of Affirm is expected to enhance the online shopping experience, potentially increasing conversion rates and average order values on Costco.com. This strategic move caters to consumer demand for flexible financing solutions, further strengthening Costco's e-commerce capabilities.
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