Amazon Business Partners with Affirm to Offer Buy Now, Pay Later Option at Checkout
Amazon Business and Affirm have announced an expanded partnership that introduces Affirm as the first pay-over-time option available at checkout on Amazon Business. This collaboration allows eligible sole proprietor businesses to split the total cost of eligible purchases and pay over time without any late or hidden fees. The payment option will be gradually rolled out to eligible Amazon Business sole proprietor customers, with the goal of making it available to all by Black Friday.
Benefits for Amazon Business Customers
The integration of Affirm as a payment option on Amazon Business provides customers with increased flexibility and convenience. By offering a transparent and flexible way to pay over time, Amazon Business aims to enhance the purchasing power of small businesses and help them better manage their cash flow.
Affirm's B2B Pay-Over-Time Solution
This partnership marks the launch of Affirm's new B2B pay-over-time solution dedicated to serving sole proprietors. Small business owners can select Affirm at checkout on Amazon Business, enter a few details, and receive an instant credit decision. Approved customers can choose from customized pay-over-time options ranging from three to 48 months, knowing that they will never pay more than the agreed-upon amount upfront.
In conclusion, the collaboration between Amazon Business and Affirm brings a valuable buy now, pay later option to eligible sole proprietor businesses. This partnership aims to empower small businesses, improve cash flow management, and fuel growth by offering transparent and flexible payment options.
Implications of Amazon Business and Affirm Partnership for New Businesses
The recent partnership between Amazon Business and Affirm to offer a 'Buy Now, Pay Later' option at checkout could be a game-changer for new businesses. This collaboration, which is the first of its kind, allows eligible sole proprietor businesses to split the total cost of eligible purchases and pay over time, without any hidden or late fees.
Increased Flexibility and Convenience
The integration of Affirm as a payment option on Amazon Business is a significant step towards providing customers with increased flexibility and convenience. For new businesses, this could mean enhanced purchasing power and better cash flow management. This is especially beneficial for startups and small businesses that often grapple with cash flow issues.
Empowering Small Businesses
Affirm's new B2B pay-over-time solution, dedicated to serving sole proprietors, is a testament to the commitment of both Amazon Business and Affirm to empower small businesses. With this solution, business owners can receive an instant credit decision at checkout, and choose from customized pay-over-time options.
In conclusion, this partnership between Amazon Business and Affirm could significantly impact new businesses by improving cash flow management, enhancing purchasing power, and ultimately fueling growth. It's a clear indication of the evolving business landscape, where flexibility and transparency in payment options are becoming increasingly important.