Affirm Partners with JPMorgan Chase to Expand Buy Now, Pay Later Services

The agreement enables merchants on JPMorgan's payment network to offer Affirm's installment loans, intensifying competition in the BNPL market.

Affirm has signed a deal with JPMorgan Chase, allowing merchants on the bank's payment network to integrate Affirm's buy now, pay later (BNPL) services at checkout.
Consumers will have access to flexible installment loans ranging from 30 days to 60 months through this partnership.
The collaboration builds on Affirm's existing banking and processing relationship with JPMorgan Chase, the largest U.S. bank by assets.
This move follows a similar partnership announced by Affirm's rival Klarna, which is also working with JPMorgan to provide BNPL services.
The timeline for when Affirm's BNPL option will be available to merchants has not yet been disclosed.