The point when you decide to add that item to the cart, your hands stammer a little and you stop there. The reason why you let go of the idea of purchasing that thing is you can’t pay its heavy amount.
It’s because Affirm provides viable and affordable installment options on your purchases. The payment gateway company partnered with an e-commerce giant in November 2021 to provide monthly installments on a $50 or above purchase.
Once you have decided on the price of the check-out time, you don’t have to pay more than that. In this way, affirm is regulating the market and bringing consumers close to the market products, where they can choose anything with confidence.
If you have decided to live your life to the fullest, shift now on Affirm and get the passport to endless purchases.
Using affirm is very easy, as you have to perform the following simple steps:
Is Affirm’s Business Model a Success?
BNPL modeled companies of which Affirm is a cardinal part, are trying to bring customers and products close to each other by removing the conventional barrier of money.
That’s the reason, Affirm is currently in profits. According to Statista research, Affirm is getting a 70% increase in revenue every year.
Affirm made e-commerce affordable in the pandemic:
This takes a toll on a common man’s pocket, who cannot pay for online shopping. Here Affirm appeared as the panacea to all the ills, as provided the buy now pay later scheme.
Now, you can afford to buy anything which was a dream before.
You do not have to pay anything extra with the repayments:
One of the major factors behind Affirm’s success is none other than its transparency and streamlined work process.
Unlike the online scams rolling all over the internet, Affirm provides a crystal clear picture so that you do not meet with any issues regarding the repayment amounts.
There aren’t any hidden fees, as no charges will resurface later once the deal is done.
To keep it transparent, Affirm does a soft credit check to find whether you are eligible or not. This does not affect your credit score.
It also gives interest-free loans, but on some items, the loan may go 10-20 ARP, which you can even check in real-time.
It has never been that easy to shop online as sometimes you ran out of your debit card amount. On the other hand, the fear of high credit card bills keeps your hand from clicking on add to cart.
Rather you will pay it in parts and each installment would be equally divided into months. Now choose the plan of your choice and rock in the e-commerce world.
Affirm provides the loan of $17500 maximum. You can purchase anything up to this maximum value.
How much is the time duration to pay Affirm of the whole purchase?
The time duration varies depending upon the product’s value. As an estimate, you are given 3 to 48 installments and the purchase amount gets split into each of them.
