Fineacre Securities Limited - Growing Affirm Stock Jumps 15% Buy Now, Pay Later Walmart

Affirm Holdings (AFRM) stocks increased 15% on Tuesday after the payment network announced an expansion of its buy now, pay later (BNPL) connection with Walmart (WMT).
 
SHEUNG WAN, Hong Kong - Dec. 19, 2023 - PRLog -- Customers will be able to use the BNPL function at self-checkout kiosks at 4,500 Walmart stores in the United States, according to the firm.

According to Pat Suh, senior vice president of revenue at Affirm, recent study revealed that 54% of Americans preferred businesses to give the BNPL option at checkout. She went on to say that having this service available at Walmart "will help even more consumers increase their purchasing power during the holiday shopping season and beyond."

According to Affirm, the BNPL function is accessible via walmart.com, the Walmart app, and U.S. Walmart Vision and Auto Centers, in addition to Walmart shops.

Affirm Holdings shares rose 15% to $50.46 on Tuesday, its highest level since February 2022.

Fineacre Securities Limited's diverse customer includes businesses, government agencies, and individuals, whom the company provides directly with a wide range of financial services. These services include investment management, banking, securities, and investing. Please go to https://fineacresl.com for further information.

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