Affirm (NASDAQ: AFRM) and Worldpay from FIS (NYSE: FIS) have announced a partnership that will make Affirm’s Adaptive Checkout available to Worldpay merchants in a multi-year agreement.
Becca Stone, VP of Strategic Partnerships at Affirm, said the partnership would help Worldpay’s merchants drive growth and better serve their customers.
“Consumers are demanding more flexible and transparent options that enable them to pay over time without any junk fees or hidden charges,” said Stone.
Adaptive Checkout uses a smart decision engine to make a real-time underwriting decision. By incorporating Adaptive Checkout, Worldpay merchants now have the ability to offer a variety of payment options to their customers.
Individuals who select Affirm as a payment option go through a soft credit check that does not impact their credit score.
Jim Johnson, Head of Merchant Solutions at FIS, said it is increasingly important that merchants offer pay overtime options.
The FIS reports that over one million merchants globally use Worldpay solutions to power their in-store, online, and mobile transactions.
