Affirm (AFRM) Strikes Multi-Year Sam's Club Deal for Buy Now, Pay Later Service

Affirm Holdings Inc. (AFRM) announced Thursday a multi-year partnership with Sam's Club to offer installment payment options to eligible shoppers, expanding the buy now, pay later provider's retail footprint. The service is expected to launch on SamsClub.com in the coming weeks, with in-store availability planned for 2027. Eligible customers can check approval status at checkout and select a monthly payment plan, reviewing payment amounts and schedules before agreeing. Affirm said no late fees or compounding interest will be charged. Affirm shares rose 0.11% on Wednesday's close of $73.71 on the Nasdaq.