Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced a partnership with Hotels.com.
Now, approved guests can book accommodations and pay over time “with Affirm, helping more people book the trip of their dreams.”
This builds on Affirm and Expedia Group’s existing partnership, “where Affirm is the exclusive buy now pay later provider on Expedia and Vrbo.”
By selecting Affirm at checkout, approved Hotels.com guests “can split the total cost of their purchase into budget-friendly payments.”
They are shown the total cost of their purchase and “will never pay more than they agree to upfront, as Affirm never charges customers any late or hidden fees.”
Clayton Nelson, Vice President, Strategic Partnerships & Affiliates, Expedia Group said:
“We are delighted to advance our partnership with Affirm and Hotels.com. This expanded collaboration offers travelers greater payment flexibility when booking their dream stays. It emphasizes our dedication to enhancing the travel experience with innovative technologies, empowering our partners to offer exceptional service to their customers.”
Pat Suh, Affirm’s SVP of Revenue, said:
“Expanding our long-standing Expedia Group partnership to Hotels.com is a significant milestone in our shared journey to bring increased payment flexibility to travelers. It builds upon the success Expedia Group and Affirm have achieved since 2016, and creates a frictionless experience to meet consumer demand for pay-over-time options in lodging.”
Hotels.com joins 292,000 Affirm retail partners, “including Amazon, Casper, Newegg, SeatGeek, Royal Caribbean, Great Wolf Lodge, American Airlines and more. Offering Affirm at checkout can drive overall sales, increase average order value, and reach new customers.”
Affirm’s claims its 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 — they 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, they reportedly “show consumers exactly what they will pay up front, never increase that amount, and never charge any late or hidden fees.”
