Why Shopify is partnering with Affirm in buy now, pay later deal - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Shopify and Affirm are partnering up on buy now, pay later in a deal bringing together 2 of the hottest e-commerce players. Here's how both sides will benefit big from the move.

set to go live later this year.

Shopify powers over one million merchants, more than half of which are based in the US. That opens up a huge market of retailers, and in turn, shoppers, that Affirm will now have access to. By powering Shop Pay Installments, the integration on the merchant side will be more seamless, Levchin said. "We get full credit and visibility. We actually insist. Part of the adherence of our mission is that people need to know who their heroes are," he said. "We are bringing transparent and honest financial products, and people need to know that it's us who are doing it."

"Like Affirm, we believe that products that hide behind late fees and hidden fees are bad for everyone," he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

shopify closes stores with no warning, so many clients coming to me migrating from shopify such a disaster ecommerce

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the life of a pregnant mental health counselor during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No one cares.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mike Pompeo says WHO chief was 'bought' by China in secret deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Both countries flinging bullshit at one another. He might be the stupidest person in government, which is quite a distinction. intelligence shows Trump was bought by Putin (among others)
Source: BusinessInsider - 🏆 729. / 51 Read more »

Meet the 12 Shopify execs behind the e-commerce giant's surge - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. These people ❤️💪❤️
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider's best investing stories of the week ended July 21 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Secretary of State Mike Pompeo wouldn't rule out the US trying to buy Greenland - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They already occupied it. Why would they sell? They know what they’ve got Orange fluffing
Source: BusinessInsider - 🏆 729. / 51 Read more »