Priceline Selects Affirm as Pay-Over-Time Provider for Priceline Partner Solutions
November 18 2024 - 9:00AM
Business Wire
Brands using Priceline Partner Solutions can
now seamlessly offer Affirm’s flexible and transparent payment
options directly at checkout
Affirm (NASDAQ: AFRM), the payment network that empowers
consumers and helps merchants drive growth, and Priceline, a leader
in online travel, today announced an expanded partnership. Through
their deepened collaboration, Affirm is the pay-over-time provider
for Priceline’s B2B business, Priceline Partner Solutions.
Beginning immediately, Priceline Partner Solutions partner brands —
which span industries such as airlines, cruise lines, car rentals,
hotels, and more — can offer approved travelers the ability to book
trips now and pay over time, directly through their own
websites.
“Priceline Partner Solutions powers some of the most well-known
brands in travel with Priceline’s leading technology, best-in-class
rates and inventory,” said Matthew Shutt, Vice President &
General Manager, Priceline Partner Solutions. “Working with Affirm
and offering their flexible payment options is a natural extension
to our product suite and of our ongoing quest to help partners meet
consumer needs.”
“Travelers are increasingly eager for flexible, transparent
payment options, and Affirm’s 25% growth in travel and ticketing
last quarter shows the extent of that demand,” said Pat Suh,
Affirm’s SVP of Revenue. “For over five years, we have helped
Priceline deliver a better experience for their customers, and we
are excited to bring that same value to the travel brands using
Priceline Partner Solutions.”
Priceline Partner Solutions partner brands can seamlessly
integrate Affirm into their checkout flow by working with their
account team. Once added, customers will see Affirm as a payment
option for orders of $50 or more. After selecting Affirm, customers
will go through a quick, real-time approval process, and if
approved, can choose from personalized payment plans. Affirm
ensures full transparency by displaying the total cost upfront and
never charging any late or hidden fees.
Brands choose to integrate Affirm because it delivers clear
value for their customers. This drives increased sales, higher
average order values, and improved conversion rates. Interested
brands can visit here to become a Priceline Partner Solutions
partner and add Affirm to their checkout flow.
About Affirm
Affirm’s mission is to deliver honest financial products that
improve lives. By building a new kind of payment network — one
based on trust, transparency and putting people first — we empower
millions of consumers to spend and save responsibly, and give
thousands of businesses the tools to fuel growth. Unlike most
credit cards and other pay-over-time options, we show consumers
exactly what they will pay up front and never charge any late or
hidden fees. Follow Affirm on social media: LinkedIn | Instagram |
Facebook | X.
About Priceline
Priceline, part of Booking Holdings Inc. [NASDAQ: BKNG], has
been a leader in online travel for twenty-five years. Priceline’s
proprietary deals technology pairs negotiation with innovation to
analyze billions of data points to generate deep discounts for
customers they can’t find anywhere else. Travelers have access to
millions of hotels, flights, alternative accommodations, rental
cars, cruises, vacation packages and experiences from trusted
brands in over 116 countries around the world, 24/7 customer
service and incremental savings when becoming a Priceline VIP. By
making affordable travel within reach for all, Priceline helps
millions of customers each year be there for the moments that
matter to them. Because where your happy place meets your happy
price, that place is Priceline.
Payment options through Affirm are subject to eligibility, and
are provided by these lending partners: affirm.com/lenders. CA
residents: Loans by Affirm Loan Services, LLC are made or arranged
pursuant to California Finance Lender license 60DBO-111681.
AFRM-F
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241118928993/en/
Affirm Alex Rafter press@affirm.com (650)398-2715
Christina Bennett press@priceline.com (203)299-8742
Affirm (NASDAQ:AFRM)
Historical Stock Chart
From Oct 2024 to Nov 2024
Affirm (NASDAQ:AFRM)
Historical Stock Chart
From Nov 2023 to Nov 2024