back Back

Worldpay & Affirm partner to expand Pay-Over-Time solutions for Merchants

By Delisha Fernandes

June 01, 2023

  • Affirm
  • Authentication
  • B2B Merchants
Share

AffirmAffirm, a payment network that empowers consumers and helps merchants drive growth, announced a multi-year partnership with Worldpay from FIS to make Affirm’s Adaptive Checkout available to all eligible Worldpay merchants.

“Consumers are demanding more flexible and transparent options that enable them to pay over time without any junk fees or hidden charges,” said Becca Stone, Vice President of Strategic Partnerships at Affirm. “By partnering with Worldpay, we are excited to expand the reach of our honest financial products. We look forward to supporting Worldpay’s merchants to drive growth and better serve their customers by providing customisable payment plans to help consumers make their money further.”

Consumers who select Affirm as a payment option during Checkout go through a quick, free, soft credit check that does not impact their credit score. Eligible customers can split their purchases into bi-weekly or monthly payments if approved. Even if they’re late or miss a payment, a customer’s total payment amount will not increase as Affirm does not charge late or hidden fees.

“It’s becoming increasingly important for merchants to provide pay-over-time payment solutions with consumer demand continuing to grow,” said Jim Johnson, Head of Merchant Solutions at FIS.

“We are thrilled to partner with an industry leader like Affirm, whose innovative solutions will help us to provide our merchants’ shoppers with the best payment experience possible. By integrating Affirm’s products at Checkout our merchants will be best placed to capture new sales opportunities and revenue streams, helping them continue to grow into the future.”

Worldpay enables merchants of all sizes to take, make and manage payments across channels, geographies and industries. Over one million merchants globally trust Worldpay solutions to power their in-store, online and mobile transactions, fight fraud, optimise authentication and tap into value-added services that boost commerce.

 

Previous Article

June 01, 2023

HSBC and Quantinuum partner on Quantum Computing for banking

Read More
Next Article

June 01, 2023

Tabby upsizes debt facility to $350m with new financing

Read More













IBSi Daily News Analysis

mobile banking in UAE

September 21, 2023

Affirm

Future of mobile banking in the UAE: what to expect

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Cashfree Payments & Shopify to offer onsite payments for Indian merchants

Read More

Today

PayPal rolls out PYUSD stablecoin to Venmo users

Read More

Today

360tf & Ebury forge partnership to boost financial services in the UAE

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q2 2023

£1,500.00 / year

Know More
Testing & QA for NextGen Bank Tech Q3 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q2 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023