Target Adds Deferred Payment Options in Time for Holiday Shopping
Target announced flexible payment options before the holiday season that let eligible shoppers pay on different delayed schedules. The retailer partnered with buy-now, pay-later financial firms Sezzle and Affirm that offer a range of payment options, timelines and services for…
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approved customers who apply for the programs, it said Wednesday. For online purchases over $100, Affirm has a monthly payment program that customers can choose at checkout, at a set amount, on a schedule that works for them, with no hidden or late fees, Target said. Sezzle, a 2019 graduate of Target’s Accelerator program, splits payments into four, interest-free payments over six weeks, with no fees if payments are made on time. Customers use a virtual Sezzle card at checkout; it also works with Target’s drive-up, order pickup and same-day delivery fulfillment options.