Affirm Rises As Google Pay Partnership Brings Flexible Payments To More Online Checkouts
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Affirm Holdings' stock rose after announcing an expanded partnership with Google Pay, allowing flexible payment options via Chrome autofill. This integration simplifies the checkout process for U.S. shoppers and requires no extra work from merchants. Affirm's stock is up 20% year-to-date, with Jim Cramer recommending it as a buy. However, potential fee increases from JPMorgan Chase for bank data access could pressure Affirm and similar fintech firms. As of Tuesday, AFRM stock was up 5.86% to $77.34, while GOOGL rose 1.07%.
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