Affirm

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Description

Company Overview

 

Affirm is modernizing consumer credit and changing the way people shop. We partner with 1,800+ retailers to enable our network of over two million Affirm shoppers to buy what they want today and pay over time—boosting conversion rates and AOVs. Our simple and transparent financing options (no hidden fees, no compounding interest) improve customer satisfaction, driving up repeat purchase rates. We also enable retailers to expand their consumer reach: Our advanced underwriting is designed to reach those overlooked by the traditional credit system. With a lightning-fast, mobile-first UI, we’re built to seamlessly integrate with your checkout flow and make purchasing quicker, simpler, and more consumer-friendly.

 

App Overview

 

The Affirm app modifies your payments page to accept Affirm as a payment type to your Lightspeed Ecom checkout. Additionally, the Affirm cartridge provides promotional marketing tools to calculate and display estimated monthly payment amounts based on a product or a shopping cart price.

 

To set up Affirm as a payment method, merchant partners must contact Affirm for API keys and merchant account setup.

 

Feature List

 

  • 20% Conversion Lift. Affirm reduces sticker shock and puts your items within the reach of more consumers. In third-party A/B tests with a sample of our partners, conversion increased by up to 20%.
  • 75% Average Order Value Lift. Affirm gives your customers more spending power—by enabling them to buy what they want today and pay over time. Our partners see an AOV lift of 75% on average.
  • Grow Revenue per Visitor by 10%+. With Affirm on your site, more people buy—and they buy more. In A/B tests with a sample of our partners, revenue per visitor increased by 10% or more.
  • +83 Net Promoter Score. Affirm is transparent, easy to use, and optimized for mobile—and our customers love it. We boast a Consumer Net Promoter Score of +83.
  • No hidden fees, penalties, or compounding interest
  • Offers marketing tools to calculate and display monthly payment pricing on product pages
  • Merchant dashboard supplements transaction information available via Lightspeed Ecom
  • Affirm takes all fraud and default risk after shipment
Demo