Peloton And Truemed Partners To Let Customers Use Pre-Tax Health Saving Account/Flexible Spending To Purchase Peloton Products
Portfolio Pulse from Benzinga Newsdesk
Peloton has partnered with Truemed to allow customers to use pre-tax Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) to purchase Peloton products. This move could potentially increase Peloton's customer base by making its products more affordable.
October 10, 2024 | 1:01 pm
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Peloton's partnership with Truemed allows customers to use HSAs and FSAs for purchases, potentially increasing affordability and expanding its customer base.
The partnership with Truemed to allow the use of HSAs and FSAs for Peloton products can make these products more financially accessible to a broader audience. This could lead to an increase in sales and customer base, positively impacting Peloton's stock price in the short term.
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