Neiman Marcus Adopts a Flex Payment Idea From QVC and HSN so More Can Afford its Luxury

Exterior view of the Neiman Marcus flagship store on Main Street downtown on Thursday, Aug. 13, 2020, in Dallas. (Smiley N. Pool/Staff Photographer)
Exterior view of the Neiman Marcus flagship store on Main Street downtown on Thursday, Aug. 13, 2020, in Dallas. (Smiley N. Pool/Staff Photographer)

This story, originally published in The Dallas Morning News, is reprinted as part of a collaborative partnership between The Dallas Morning News and TMN. The partnership seeks to boost coverage of Dallas’s communities of color, particularly in southern Dallas.

By Maria Halkias
Dallas Morning News Writer

Why not? Neiman Marcus customers can now split purchases into simple payments over time, with no hidden or late fees.

Neiman Marcus is trying to expand its base of customers with a new payment option that fits more people’s budgets.

The Dallas-based luxury retailer said Wednesday [November 25th] that it has partnered with Affirm, a San Francisco-based financial technology company, to provide split payments to customers. Affirm works with Nordstrom, Williams-Sonoma, Peloton, Walmart and several other brands to provide their shoppers the option.

Customers can pay for any purchase over $50 on a schedule with terms from six weeks to 36 months depending on the cart size for zero interest.

Continue reading on DallasNews.com