Costco members shopping online can now buy now and pay later via Affirm tie up for cart sizes over $500

Costco has announced a multi-year partnership naming Affirm as a pay over time provider for Costco.com in the US.

Now, after going through a real-time eligibility check, approved Costco members can choose from Affirm’s personalised monthly payment plans for purchases ranging from $500 to $17,500.

“As summer approaches, we're seeing more consumers turn to Affirm to prepare for the season ahead - whether it's outdoor entertaining essentials, like a new barbecue or patio furniture, a storage shed, or a new set of appliances,” says Pat Suh, Affirm’s SVP of Revenue.

“Costco members in particular know the value of planning ahead and buying in bulk. We're excited to offer them an alternative to traditional credit, helping them confidently manage their spending on larger purchases without hidden fees.”

2025 RTIH INNOVATION AWARDS

Payments will be a key focus area at the 2025 RTIH Innovation Awards.

The awards, which are now open for entries, celebrate global tech innovation in a fast moving omnichannel world.

Our 2024 hall of fame entrants were revealed during an event which took place at RIBA’s 66 Portland Place HQ in Central London on 21st November, and consisted of a drinks reception, three course meal, and awards ceremony presided over by comedian Lucy Porter.

In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “The event is now into its sixth year and what a journey it has been. The awards started life as an online only affair during the Covid outbreak, before launching as a small scale in real life event and growing year on year to the point where we’re now selling out this fine, historic venue.”

He added: “Congratulations to all of our finalists. Many submissions did not make it through to the final stage, and getting to this point is no mean feat. Checkout-free stores, automated supply chains, immersive experiences, on-demand delivery, next generation loyalty offerings, inclusive retail, green technology. We’ve got all the cool stuff covered this evening.”

“But just importantly we’ve got lots of great examples of companies taking innovative tech and making it usable in everyday operations - resulting in more efficiency and profitability in all areas.”

Congratulations to our 2024 winners, and a big thank you to our sponsors, judging panel, the legend that is Lucy Porter, and all those who attended November's gathering. 

For further information on the 2025 RTIH Innovation Awards, please fill in the below form and we will get back to you asap.