The news: Prime Visa and Amazon Visa cardholders can now use the card’s installments offering outside of Amazon’s website and mobile app, per PYMNTS.
How we got here: Amazon is growing its buy now, pay later (BNPL) capabilities beyond its partnership with Affirm.
Why this matters: Bringing their installments offerings to tens of thousands of new retailers can help both Chase and Amazon capture more volume.
It can also help boost Amazon Pay adoption, which is struggling to stay competitive against other “buy” buttons like PayPal or Shop Pay.
This article originally appeared in Insider Intelligence's Payments Innovation Briefing—a three-times-weekly recap of top stories reshaping the payments industry. Subscribe to have more hard-hitting takeaways delivered to your inbox daily.
First Published on Aug 18, 2023
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