Affirm (NASDAQ: AFRM), the payment network empowering consumers and helping merchants boost growth, announced today a partnership with RONA Inc., a leading player in the Canadian home renovation sector with approximately 425 corporate and affiliate stores. Eligible individuals can now use Affirm to make online purchases of renovation products.
By selecting Affirm at checkout on rona.ca, approved RONA customers can split their eligible purchases into bi-weekly or monthly payments over a period of up to 12 months. Customers will see the total cost of their purchase upfront and will never pay more than agreed upon, as Affirm does not charge late fees or hidden fees.
“Canadians have trusted RONA for their renovation needs since 1939, and over the years, their shopping habits have evolved. Many now prefer online solutions for their purchases, and we wanted to offer them the same payment flexibility online as we do in-store through other flexible payment solutions, which is exactly what Affirm enables us to do,” said Adam Powell, Chief Digital Officer at RONA Inc. “We are excited to offer more choice at checkout to help our customers bring their projects to life.”
“Renovation projects can be daunting, but with Affirm, eligible RONA customers can have the transparency and control they need to focus on their projects without the stress or hassle of hidden or unnecessary fees,” said Wayne Pommen, Chief Revenue Officer at Affirm. “We are proud to work with one of Canada’s most iconic retailers to offer customers a flexible and transparent way to pay for the items they need for their home renovation projects.”
RONA joins Affirm’s network, which includes 292,000 retailers, with partnerships in Canada including Amazon, Apple, Samsung, Hudson’s Bay, Browns Shoes, CheapOair, and many others.
About Affirm
Affirm’s mission is to provide honest financial products that improve lives. By building a new kind of payment network focused on trust, transparency, and people, we enable millions of consumers to spend and save responsibly while giving thousands of businesses the tools they need to boost growth. Unlike most credit card companies and other installment payment options, we state the exact amount to be paid upfront, never increase that amount, and never charge late fees or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | Twitter.
About RONA Inc.
RONA Inc. is a leading player in the Canadian home renovation sector headquartered in Boucherville, Quebec. The RONA Inc. network operates or services approximately 425 corporate and affiliate stores under the banners RONA, RONA+, Réno-Dépôt, and Dick’s Lumber. With a rich and long history, RONA Inc. has been assisting Canadians with their renovation and construction projects since 1939. The company employs 21,000 people and strives to provide an inclusive workplace where everyone is encouraged to contribute. RONA Inc. has been recognized as one of Montreal’s top employers since 2021 and is also noted for its ongoing efforts in sustainability, making it one of Canada’s greenest employers. Learn more about the company at www.ronainc.ca.
To share this news on social media, please use @RONAFR (Facebook), @RONA (LinkedIn), and @RONAinc (formerly Twitter).
APR ranges from 0% to 31.99% (subject to provincial regulations). Payment options through Affirm Canada Holdings Ltd. (“Affirm”) are subject to eligibility verification, vary based on purchase amount and retailer, and may not be available in all provinces/territories. An initial payment (or down payment) may be required.
