Affirm announced a "buy now, pay later" deal with American Airlines which would let travelers pay for flights by installment, the company said Wednesday.
Affirm said eligible travelers would be able to book airfare $50 or higher on American Americans and have payment options from 3 to 12 months. Affirm said travelers would be shown the total cost of the flight and "will never pay more than they agree to upfront."
Affirm shares rallied more than 3% in midday trading. The company previously announced deals with Shopify and Amazon, covering more everyday purchases. Travel is an expanding category for "buy now, pay later" with rivals Klarna and Afterpay offering their own partnerships for flights and lodging.