Breaking News
Affirm Expands Payment Offerings With New Pay in 2 and Pay in 30 Options
Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced two new payment options, Pay in 2 and Pay in 30, to bring even greater choice and flexibility to consumers utilizing Affirm’s app and providing affordability across a wider range of transactions. As always with Affirm, consumers do not ever owe a penny more than what they agree to upfront as there are no late fees or hidden charges, like compound or deferred interest.
“Roughly 80% of e-commerce transactions in the United States are for purchases under $150,” said Vishal Kapoor, Head of Product, Affirm. “Providing greater choice and flexibility is key to meeting our consumers where they are. Adding options like Pay in 2 and Pay in 30 allows us to better meet consumers’ individual preferences, enabling them to pay for purchases large or small with more options that work best for their budgets.”
The rollout of Pay in 2 and Pay in 30 will enable consumers to split the cost of their purchase into two interest-free payments per month, or to pay in full interest-free within 30 days of their purchase, without ever revolving. Pay in 2 and Pay in 30 will begin appearing in Affirm’s app, joining Pay in 4 and monthly installments.
Affirm has seen an increase in cart conversion within its app since offering its Pay in 2 and Pay in 30 options. Affirm plans to test and roll out its Pay in 2 and Pay in 30 options more broadly to its integrated merchant partners in the coming months.
People In This Post
Companies In This Post
- Revolut Enters New Era of Money Intelligence With Launch of AI Assistant Read more
- Raiffeisen Bank Reaffirms Long-Standing Commitment to Powering Core Retail Services With Finastra Read more
- Visa Opens the Door to AI-Driven Shopping for Businesses Worldwide Read more
- Hippo Transforms Claims Workflow with AI, Unlocking Scale and Efficiency with Its Modern Tech Stack Read more
- Mastercard Makes Getting Around Korea Easier for International Travelers with iPhone Read more
Revolut Enters New Era of Money Intelligence With Launch of AI Assistant
Revolut has launched AIR (AI by Revolut), an in-app AI assistant designed to transform how millions of users interact with their money and elevate their money intelligence.
Raiffeisen Bank Reaffirms Long-Standing Commitment to Powering Core Retail Services With Finastra
Finastra announced that Raiffeisen Bank Hungary has reaffirmed its long-standing commitment to using Finastra technology to power its core retail banking in region
Visa Opens the Door to AI-Driven Shopping for Businesses Worldwide
Visa has unveiled Intelligent Commerce Connect, a new solution that makes it easier for businesses to participate in AI-powered commerce
Hippo Transforms Claims Workflow with AI, Unlocking Scale and Efficiency with Its Modern Tech Stack
Hippo announced a major milestone in its claim's transformation with the rollout of its scalable, AI-driven claims workflow
Mastercard Makes Getting Around Korea Easier for International Travelers with iPhone
Getting around South Korea just got easier for international travelers as visitors can now use their iPhone or Apple Watch and Mastercard cards to pay for public transport
Aspire and J.P. Morgan Collaborate to Power FX Capabilities Globally
Aspire, the leading finance stack that serves over 50,000 businesses globally, today announced a global strategic collaboration with J.P. Morgan Payments to enhance FX efficiency and wallet-based fund conversion for clients operating across international markets.
FinTech Australia Appoints Xero Head of Global Public Policy Grace Gown to its Board
FinTech Australia has appointed Xero Head of Global Public Policy Grace Gown to its board, further strengthening its policy impact as the sector enters its next phase of growth.
Revolut Enters New Era of Money Intelligence With Launch of AI Assistant
Revolut has launched AIR (AI by Revolut), an in-app AI assistant designed to transform how millions of users interact with their money and elevate their money intelligence.
Raiffeisen Bank Reaffirms Long-Standing Commitment to Powering Core Retail Services With Finastra
Finastra announced that Raiffeisen Bank Hungary has reaffirmed its long-standing commitment to using Finastra technology to power its core retail banking in region
Visa Opens the Door to AI-Driven Shopping for Businesses Worldwide
Visa has unveiled Intelligent Commerce Connect, a new solution that makes it easier for businesses to participate in AI-powered commerce
Hippo Transforms Claims Workflow with AI, Unlocking Scale and Efficiency with Its Modern Tech Stack
Hippo announced a major milestone in its claim's transformation with the rollout of its scalable, AI-driven claims workflow
Mastercard Makes Getting Around Korea Easier for International Travelers with iPhone
Getting around South Korea just got easier for international travelers as visitors can now use their iPhone or Apple Watch and Mastercard cards to pay for public transport
Cytora and VulnCheck Partner to Embed Exploit Intelligence into Insurance Workflows
Cytora has announced a partnership with VulnCheck to integrate VulnCheck’s machine-consumable, evidence driven intelligence directly into the Cytora platform
ICE-Tech Launches Alice FNOL With OpenDialog, a 24/7 AI Claims Agent Improving Accuracy and Reducing Cost
ICE-Tech has launched Alice FNOL, a 24/7 AI claims agent designed to transform FNOL for insurers powered by OpenDialog