Buy now pay later provider Affirm and second-hand specialist Poshmark have extended and expanded their partnership in a two-year deal to deliver increased payment flexibility to shoppers, the companies have announced.
“As consumers embrace secondhand and turn to Poshmark for one-of-a-kind styles, great deals and readily available inventory, we’re giving them more flexibility and choice than ever through our expanded partnership with Affirm,” said John McDonald, COO at Poshmark. “More than half of our available inventory is now eligible for Affirm’s payment solutions, and we’re seeing strong uptake of these options, demonstrating just how valuable this offering is to our loyal community of buyers and sellers.”
As its partnership with the reseller has evolved, Silvija Martincevic, Affirm’s chief commercial officer, said, “Poshmark now delivers increased flexibility through a wider range of payment terms, giving consumers more choice to shop their favorite secondhand styles on a budget-friendly schedule.”