Affirm advances after expanding to self-checkout at Walmart stores

Affirm (AFRM) shares are up in early trading after the payment network operator announced it has expanded its services with Walmart (WMT) to bring Affirm’s pay-over-time options to self-checkout kiosks at over 4,500 Walmart stores in the United States. “Now, eligible shoppers can easily pay over time for their favorite electronics, apparel, toys, and more in simple monthly payments when checking themselves out in-store… In addition to being available in Walmart stores nationwide, on walmart.com, and in the Walmart app, U.S. consumers can also pay over time with Affirm at Walmart Vision and Auto Centers,” Affirm stated. Pat Suh, Affirm’s SVP of Revenue, added: “Expanding our partnership with Walmart and bringing Affirm’s transparent monthly pay-over-time options to their self-checkout kiosks in the U.S. will help even more consumers increase their purchasing power during the holiday shopping season and beyond.” Near 10 am ET on Tuesday morning, Affirm shares have risen $5.89, or more than 13%, to $49.59.