Affirm, a London-based payment network known for its lending provisions, has formed a global partnership with UATP, a global payment network owned and operated by the world’s airlines.
This collaboration aims to integrate Affirm’s installment payment options into UATP’s network, which includes airlines, rail carriers, and travel agencies across the U.S., U.K., and Canada.
There is growing consumer demand for alternative payment methods in the travel sector. By offering Affirm at checkout, UATP’s merchants can provide customers with the option to split their travel expenses into manageable payments, promising that customers will never incur late or hidden fees.
Offering flexible payment options can lead to higher average order values and reduced cart abandonment rates, which appeals to UATP. Additionally, transparent pricing and straightforward eligibility checks can help build trust and loyalty among their customers.
Max Levchin, Founder and CEO…
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