Travelers can book now and pay over time without any late or hidden fees
Affirm, the payment network that empowers consumers and helps merchants drive growth, announced a partnership with Booking.com, one of the world’s leading online travel platforms, to offer flexible payment options for travel bookings.
Latest Fintech Interview : Global Fintech Interview with Max Lillard, Senior Finance Analyst at Capterra (Gartner)
“Expanding our relationship with Booking Holdings enables us to provide Booking.com customers with increased access to responsible credit, given Affirm only approves purchases we believe can and will be repaid.”
Through this partnership, Affirm is available at checkout across several Booking Holdings Inc.’s (NASDAQ: BKNG) travel brands, expanding on existing partnerships with KAYAK, Agoda, and Priceline. Booking Holdings is a leading global provider of online travel and related services.
Read More About Fintech Interview: Global Fintech Interview with Scott Macfee, CEO of SpendHQ
When selecting Affirm at checkout, Booking.com customers will have the option to select a personalized payment plan that works best for their budget, paying over time in either monthly or bi-weekly payments. With Affirm, travelers can book now and pay over time with the peace of mind that they will never pay more than they agree to at checkout.
“Our business shows that consumers are increasingly booking travel with more flexible payment options, as Affirm’s travel and ticketing purchase volume grew nearly 50% year-over-year during the quarter ending June 30,” said Wayne Pommen, Affirm’s Chief Revenue Officer. “Expanding our relationship with Booking Holdings enables us to provide Booking.com customers with increased access to responsible credit, given Affirm only approves purchases we believe can and will be repaid.”
Browse The Complete Interview About Fintech : Global Fintech Interview with Olivier Thierry “OT”, CRO at HungerRush
[To share your insights with us, please write to sghosh@martechseries.com]
