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Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout

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U.S. merchants who use JPMorgan to handle payments can now add Affirm to their checkout pages.

Consumers will have access to loans ranging from 30 days to 60 months .

Affirm said the deal was an expansion of existing banking and processing relationships with JPMorgan .

The deal follows a similar announcement from rival Klarna last month , in which the Swedish fintech said it would be available.