by Stephen Garner

Neiman Marcus has teamed up with Affirm, bringing a new flexible payment option to its customers. Eligible shoppers can now make purchases on and enjoy paying over time on a schedule that best fits their needs and budget.

When shopping online, eligible Neiman Marcus shoppers can select Affirm at checkout and split the total cost of any purchase over $50 into simple payments with terms from six weeks to 36 months depending on the cart size, for as low as 0 percent APR. Customers are shown the total cost of their purchase upfront and will never pay more than they agree to. Affirm never charges customers any late or hidden fees. For example, a $200 purchase might cost $67 per month over three months at 0 percent APR.

“Neiman Marcus was founded on the principle of building long-lasting and meaningful relationships with our customers,” said Katie Mullen, chief digital officer at Neiman Marcus Group. “We are committed to providing all shoppers with access to leading luxury fashion and high-end products, paired with superior service. Partnering with Affirm not only allows us to reach customers who need payment flexibility and price transparency in the way they pay, but also increases our sales and average order value.”

“We know that consumers care a lot about price transparency and are increasingly eager to buy upscale fashion now and pay over time,” added Silvija Martincevic, chief commercial officer at Affirm. “We’re thrilled to partner with Neiman Marcus, an iconic brand that shares our commitment to providing a best-in-class customer experience, to make their luxury products even more accessible. By delivering a transparent payment option without penalties, we’re giving more consumers the confidence to shop the way that works best for their budget, especially so they can look and feel their best going into the holidays.”

Neiman Marcus joins more than 6,500 Affirm retail partners.