Amazon, a Major Online Shopping Company, has Partnered with Affirm, a US Postpaid Settlement Company, to Launch a Postpaid Service in the US

​​​​​​​EC Weekly Picks アメリカ国旗

On August 27, US Postpaid Payment (BNPL: Buy now pay later) "Affirm" announced that it has partnered with US online shopping major "Amazon." They plan to start offering postpaid services to some US users within a few months. Specifically, users will be able to use installment payments without having a credit card when they shop for more than 50 dollars (about 5500 yen). In addition, the postpaid service provided by Affirm has spread all over the world, mainly in Europe and the United States, and is growing rapidly in the Japanese market. On August 1, US payment major "Square" announced the acquisition of Australian postpaid payment "Afterpay" which is like a pioneer being in the postpaid payment industry.

Sources: Nihon Keizai Shimbun "Amazon Also Introduced Postpaid "BNPL" in the US and Partnered with Affirm" (August 28, 2021) (link available in Japanese only)

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