Affirm Holdings (AFRM) said Wednesday that it has been selected by Costco (COST) under a multi-year deal to be the retail giant's pay-over-time provider.
The company said Costco members shopping online can use its services at checkout to pay over time. It said they will be able to choose from personalized monthly payment plans for shopping cart sizes ranging from $500 to $17,500.
Shares of Affirm were up 4.6% while Costco shares were down 0.6% in recent early trading.
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