Costco offers “buy now, pay later” option for online orders

(CNN)– Costco is joining the “buy now, pay later” bandwagon.

The wholesaler is partnering with payment platform Affirm to offer customers installment plans for online payments on larger purchases.

Members can use Affirm to pay for purchases priced from $500 to $17000.

There are several monthly payment options for different lengths and prices of installments to pay off the purchase.

Installments are not an option for purchases in physical Costco stores.