/payments

News and resources on payments systems, innovations and initiatives worldwide.

Affirm brings greater flexibility to BNPL

American buy now, pay later giant Affirm has developed technology that gives customers a range of personalised payment options at the checkout.

  2 Be the first to comment

Affirm brings greater flexibility to BNPL

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The Adaptive Checkout technology dynamically provides optimised biweekly and monthly payment options for each transaction side-by-side.

Merchants that have tested the system have seen, on average, a 26% increase in cart conversion, a 22% lift in approvals, and a 20% increase in sales, compared to offering monthly payments through Affirm alone.

Geoff Kott, chief revenue officer, Affirm, says: "Providing an optimised set of payment options for consumers to choose from has resulted in our highest-converting checkout solution for merchants."

Sponsored [New Report] AI Strategies for Scalable, Secure and Compliant Banking

Related Company

Keywords

Comments: (0)

[On-Demand Webinar] PREDICT 2025: What the National Payments Vision means for the UKFinextra Promoted[On-Demand Webinar] PREDICT 2025: What the National Payments Vision means for the UK