Affirm to Allow Buy Now, Pay Later Purchases in Just Two Chunks

Affirm Holdings Inc. is adding more ways for consumers to divide up their purchases as demand rises for pay-over-time options at checkout.

The buy now, pay later company will allow shoppers to split the cost of a purchase into as few as two interest-free payments, known as “Pay in 2,” according to a statement Thursday. In another new offering, called “Pay in 30,” they’ll be able to pay in full, also without interest, within 30 days of a purchase. The company is known for its interest-free “Pay in 4” products, with payments every two weeks, and also offers more-traditional monthly installments.