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affirm expands partnership with j p morgan to enhance retail financing options
Affirm Holdings has expanded its partnership with J.P. Morgan Payments, integrating its pay-over-time solutions into the bank's Commerce Platform. This collaboration enables U.S. merchants to offer flexible financing options at checkout, enhancing consumer purchasing power. With active users growing 23% year-over-year to 21 million and Gross Merchandise Volume exceeding $10 billion, Affirm's transparent financing approach is gaining traction in the retail sector.
j p morgan payments partners with walmart and affirm to enhance services
J.P. Morgan Payments has expanded its services through partnerships with Walmart and Affirm, enhancing its embedded finance solutions for Walmart Marketplace sellers. This integration allows businesses to manage payments seamlessly while Affirm's pay-over-time options will be available to U.S. merchants using J.P. Morgan's platform, offering consumers flexible repayment plans. These moves position J.P. Morgan and its partners to compete effectively in the evolving retail and BNPL markets.
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