Amazon and Affirm offer UK customers new instalment options

Starting today, Amazon customers in the UK have a new way to pay for their purchases with the launch of instalment options from Affirm. The new Affirm payment options will be available to customers when shopping for millions of products.

Customers can simply select Affirm as their payment method at checkout and apply to get an instant eligibility decision from Affirm.

If approved, customers will be able to pay for their orders using flexible financing options: “0% Pay-in-3” splits the cost of the purchase into three interest-free monthly payments, while a longer-term interest-bearing (22% Representative APR fixed) plan is available for up to 48 months.

Both options are available on baskets of at least £50 and come with no late or hidden fees. Customers can make payments in monthly instalments, which can be paid manually or set up with automatic debits using a bank account or debit card.

They can easily manage their payment plans at any time in the Affirm app or website and make additional payments or pay their full balance at any time with no early repayment penalties. We want to give Amazon customers genuine choice and flexibility over how they pay.

With Affirm’s financing options, we are delivering a simple and convenient way for Amazon customers to manage spending with clear terms and no late fees, all integrated into the Amazon shopping experience our customers already know and trust.

– Vassil Gedov, General Manager of Payment Products, Amazon EU Amazon is focused on making shopping simpler for customers, and we believe payment should be just as straightforward. That’s what makes this such a natural fit. Amazon customers can choose the Affirm payment plan that’s right for them, with clear terms before they commit.

And because we have no late fees ever, if a customer does miss a payment, they will not be charged for it. – Ruth Spratt, UK Country Manager, Affirm The new financing options will be rolled out progressively to eligible customers on Amazon. co. uk over the coming weeks. Affirm financing is available across most product categories on Amazon. co.

uk with exclusions including gift cards, grocery items, out-of-stock products, and certain digital content such as music, videos, Kindle books, apps, and game downloads. Amazon’s customer protection policies will continue to apply equally across all payment methods to give customers confidence when they shop.

All purchases directly from Amazon are covered by our standard return and refund policies, and purchases from third-party sellers are covered by Amazon’s A-to-Z Guarantee, which protects customers if items don’t arrive or don’t match the description.

Items purchased over £100 using either of these new payment options are additionally covered by Section 75 of the Consumer Credit Act.