epa05167495 A logo of the Apple Pay mobile payment system is displayed along with other payment services at an Apple Store in Beijing, China, 18 February 2016. Apple launched its Apple Pay mobile payment service in China on 18 February, amidst stiff competition in the industry and in a country of more than 350 million online payment users. Message reads, 'Register immediately to earn 99 points.' EPA/ROLEX DELA PENA
Affirm Inc, a startup from PayPal co-founder Max Levchin, is going after millennials with a new kind of credit card alternative that only exists online.
People can sign up through the website or at checkout on some web stores for financing from Affirm that’s paid off in monthly instalments. On Monday, the company said it’s making the micro-lending program available through Apple Pay, letting customers tap their iPhones to pay in brick-and-mortar stores.
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