RONA Partners with Affirm to Bring Canadians a More Flexible Way to Pay for Home Improvement Supplies Online
July 11 2024 - 9:00AM
Business Wire
Eligible consumers can pay in simple biweekly
or monthly payments, with no hidden or late fees
Affirm (NASDAQ: AFRM), the payment network that empowers
consumers and helps merchants drive growth, today announced a
partnership with RONA inc., one of Canada’s leading home
improvement retailers operating and servicing some 425 corporate
and affiliated stores. Now, eligible shoppers can use Affirm to
purchase their home improvement necessities online.
By selecting Affirm at checkout on rona.ca, approved RONA
customers can split eligible purchases into biweekly or monthly
payments for terms up to 12 months. Consumers are shown the total
cost of their purchase and will never pay more than they agree to
upfront as Affirm does not charge any late or hidden fees.
“Canadians have trusted RONA for their home improvement needs
since 1939 and, throughout the years, their shopping habits have
evolved. Many Canadians now prefer to use online solutions for
making their purchases and we wanted to offer them the same payment
flexibility we offer customers who shop our stores through other
flexible payment solutions, which is exactly what Affirm allows us
to do,” said Adam Powell, Chief Digital Officer of RONA inc. “We’re
thrilled to offer greater choice at checkout to help our customers
bring their projects to life.”
“Tackling home projects can be daunting, but using Affirm can
give eligible RONA consumers the clarity and control they need to
focus on completing the job at hand without the stress or hassle of
hidden fees or junk charges,” said Wayne Pommen, Chief Revenue
Officer at Affirm. “We’re proud to work with one of the most iconic
retailers in Canada to offer a flexible and transparent way to pay
for those important home improvement supplies.”
RONA joins Affirm’s network of 292,000 retailers, including
partnerships in Canada with Amazon, Apple, Samsung, Hudson’s Bay,
Browns Shoes, CheapOair and more.
About Affirm
Affirm’s mission is to deliver honest financial products that
improve lives. By building a new kind of payment network — one
based on trust, transparency and putting people first — we empower
millions of consumers to spend and save responsibly, and give
thousands of businesses the tools to fuel growth. Unlike most
credit cards and other pay-over-time options, we show consumers
exactly what they will pay up front, never increase that amount,
and never charge any late or hidden fees. Follow Affirm on social
media: LinkedIn | Instagram | Facebook | X.
About RONA inc.
RONA inc. is one of Canada’s leading home improvement retailers
and is headquartered in Boucherville, Québec. The RONA inc. network
operates or services some 425 corporate and affiliated dealer
stores under the RONA+, RONA, Réno-Dépôt, and Dick’s Lumber
banners. With a long and rich history, RONA inc. has supported
Canadians in their home improvement and construction projects since
1939. To achieve this, the company relies on a team of 21,000
employees, to whom it strives to provide an inclusive workplace
where everyone is invited to contribute. RONA inc. is one of the
Montréal region’s Top Employers since 2021. As a result of its
ongoing efforts in sustainable development, the company is
recognized as one of Canada’s Greenest Employers. To learn more
about the company, visit the website www.ronainc.ca.
To share this news on social media, please use @RONAEN
(Facebook), @RONA (LinkedIn), and @RONAinc (X, formerly
Twitter).
Rates from 0-31.99% APR (subject to provincial regulations).
Payment options through Affirm Canada Holdings Ltd. (“Affirm”) are
subject to an eligibility check and depend on purchase amount, vary
by merchant, and may not be available in all provinces/territories.
A down payment (or a payment due today) may be required.
AFRM-A
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version on businesswire.com: https://www.businesswire.com/news/home/20240711378884/en/
Press Contacts RONA media@rona.ca 514 599-5900, ext. 5271
1 866 566-3342
Affirm Nicholas Fisher press@affirm.com (650) 398-2715
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