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Lowe’s recently announced a new partnership with Affirm, allowing Lowe’s customers to have more flexibility while paying for products. Through the partnership, Affirm will offer Lowe’s customers payment plans online and on the Lowe’s mobile app. Lowe’s will also be featured on the Affirm marketplace.
“We make home improvement easy at Lowe’s by solving problems and meeting our customers’ varying needs—whether it’s to make a quick fix, purchase an appliance from the widest assortment of top brands or to help them take on a bigger project,” says Brandon J. Sink, Lowe’s CFO. “Affirm expands Lowe’s financial services portfolio, broadening the ways customers can pay in addition to our popular MyLowe’s Rewards Credit Card.”
Lowe’s customers can choose Affirm at checkout to allow payments to be split into biweekly or monthly payments. The company joins nearly 478,000 merchants who use Affirm.
“From outfitting a workshop to taking on a long-planned bathroom renovation, Affirm helps Lowe’s customers confidently manage purchases with clear, transparent payment options,” says Wayne Pommen, chief revenue officer at Affirm. “This partnership is about giving customers the flexibility to invest in their homes on terms that work for them.”
