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Affirm's move means buy now, pay later companies are pushing into cosmetic procedures and vet bills. Is that a good thing?

Affirm's move means buy now, pay later companies are pushing into cosmetic procedures and vet bills. Is that a good thing?

Fintech lender Affirm has started quietly offering "buy now, pay later" (BNPL) loans for elective medical procedures, in a major push beyond its core e-commerce market, the company told Reuters. Over the past year, Affirm has more than doubled the number of elective medical merchants on its network, reaching around 130 at of the end of 2023. The San Francisco-based company is hoping to tap growing consumer demand for financing for cosmetic treatments, dental services, medical devices...

Over the past year, Affirm has more than doubled the number of elective medical merchants on its network.

Evolve, a vacation rental hospitality company, has partnered with payment network Affirm to provide pay-over-time options to travelers.

Travelers now have access to Affirm’s pay-over-time options, never paying late or hidden fees ...

Pay-over-time services provided by Affirm

Walmart is expanding its partnership with Affirm to bring Buy Now, Pay Later to self-checkout kiosks at stores.

(ZEROHEDGE) – "Buy now, pay later" (BNPL) loans surged in popularity during Black Friday and Cyber Monday in late November. As Christmas is less than a week away, Walmart shoppers have been greeted with a new BNPL payment at the checkout line. The increased use of BNPL is incredibly problematic for consumers with insurmountable credit…

Amazon is eyeing a potential investment in Diamond Sports Group, while Walmart extends its partnership with Affirm to offer BNPL at self-checkout.