To utilise Affirm’s buy-now-pay-later services for the majority of your online purchases, you no longer need to reside in the US. Affirm is growing in Canada thanks to a collaboration with Amazon. You can pick Affirm’s pay-over-time option at checkout to divide the bill into monthly instalments if you spend $50 or more on Amazon.ca. There are no late fees or unexpected expenses, just like in the United States.
Within a month, the payment option will be accessible. The Canadian release happens about two years after Affirm acquired PayBright, the local equivalent; this is essentially a rebranding. Australia is also served by Affirm, but solely for customers purchasing Peloton exercise equipment.
This won’t assist if you choose to shop somewhere other than Amazon, and it can end up costing you money if the interest rates on your purchase and payment schedule are high (they range from zero to 30 percent, Affirm says). You pay more overall to make the cost more manageable, just like when buying a car or a house. However, if you need to stretch the expense of a computer or TV and are unable to afford to buy one altogether, this may be helpful.