Affirm Feature/Offering

Affirm is a transparent, buy-now-pay-later (BNPL) payment solution with no late or hidden fees that allows guests to pay over time while your business gets paid in full upfront. This feature is available through Aluvii's integration with Stripe.

• Unlock new customers - Flexible payment options make your products accessible to customers who may otherwise be unable to make the purchase, expanding your potential customer base.  This is especially true for higher ticket items such as birthday party bookings.  A Stripe & Affirm Case Study performed for the Ikon Pass, for example, saw double-digit increases in sales after making its pass available through Affirm.

• Increase per Transaction Averages - Affirm’s flexible payment options can remove price as a barrier and increase customer purchasing power.  A Stripe & Affirm Case Study concluded that “businesses who add Affirm can see up to a 14% increase in revenue on Affirm-eligible sessions and up to a 21% relative increase in conversion on purchases.”

• Increase Conversion – Offering flexible payment options can give customers the confidence to move forward with a purchase they may otherwise abandon due to price. Another Stripe & Affirm Case Study found that businesses offering Affirm saw up to a 21% relative increase in conversion on purchases.

Remember that your business gets paid in full up front, Affirm manages payment collection with zero repayment risk to you, and your guests have the flexibility and convenience of paying over time.

How Your Guests Use Affirm 

Guests who want to pay with Affirm need an account with Affirm. 

You can create an Affirm account online at affirm.com, in the Affirm app, or while checking out with one of our partner stores.

Enabling Affirm in Aluvii

To enable Affirm for your business, simply reach out to support, and we will enable it within a few minutes.

Cost to You, the Business 

Pricing starts at 6% + $0.30 per transaction.  Once you have a track record of using Affirm, volume discounts can be negotiated with Stripe.  Although this rate is higher than processing a credit card, it often pays for itself by increasing average shopping cart sizes through installment-based purchases.

Cost to Your Guests

Affirm operates on complete transparency with no late fees, no hidden fees, no annual fees, and no compounding interest.  Depending on the payment plan your guests choose (such as Pay in 4 interest-free payments or monthly installments), they may pay 0% APR or standard interest rates (up to 36% APR based on their credit eligibility and purchase amount; a down payment may be required). Every fee or interest rate is shown clearly to the guest upfront in 3 easy steps before they finalize their purchase, so there are never any surprises. For full disclosures, visit Affirm Licenses and Disclosures.  

You can also create an account using the Affirm app or through a partner store. To learn more, visit this link.