Shopify Takes On Amazon in Payments Tie-up With Affirm

Shopify Takes On Amazon in Payments Tie-up With Affirm

Assessment

Interactive Video

Business

University

Hard

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The video discusses a partnership between Affirm and Shopify, highlighting its ease of implementation for retailers and its potential to boost sales. Affirm aims to provide a transparent alternative to credit cards, competing with revolving credits. The partnership is seen as a significant step towards ubiquity for Affirm. The video also compares Shopify's strategy with Amazon's, noting that similar payment services are becoming standard. Affirm is open to partnering with other platforms, including Amazon, to expand its reach.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the firm face in the competitive landscape of payment solutions?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the firm's vision for the future of payment solutions as described in the text?

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