Priceline Selects Affirm as Pay-Over-Time Provider for Priceline Partner Solutions
Affirm (NASDAQ: AFRM) and Priceline have expanded their partnership, making Affirm the pay-over-time provider for Priceline Partner Solutions' B2B business. Partner brands across airlines, cruise lines, car rentals, and hotels can now offer customers the ability to pay for trips over time through their websites. For orders over $50, customers can access transparent payment plans with no hidden fees after a quick approval process. Affirm reported 25% growth in travel and ticketing last quarter, highlighting increasing demand for flexible payment options in the travel sector.
Affirm (NASDAQ: AFRM) e Priceline hanno ampliato la loro partnership, rendendo Affirm il fornitore di pagamenti rateali per il business B2B di Priceline Partner Solutions. I brand partner nei settori aerei, crociere, noleggio auto e hotel possono ora offrire ai clienti la possibilità di pagare i viaggi a rate tramite i loro siti web. Per ordini superiori a $50, i clienti possono accedere a piani di pagamento trasparenti senza costi nascosti dopo un rapido processo di approvazione. Affirm ha riportato una crescita del 25% nel settore viaggi e biglietteria lo scorso trimestre, evidenziando la crescente domanda di opzioni di pagamento flessibili nel settore dei viaggi.
Affirm (NASDAQ: AFRM) y Priceline han ampliado su asociación, convirtiendo a Affirm en el proveedor de pagos a plazos para el negocio B2B de Priceline Partner Solutions. Las marcas asociadas en aerolíneas, líneas de cruceros, alquiler de autos y hoteles ahora pueden ofrecer a los clientes la opción de pagar por los viajes a plazos a través de sus sitios web. Para pedidos superiores a $50, los clientes pueden acceder a planes de pago transparentes sin comisiones ocultas tras un rápido proceso de aprobación. Affirm reportó un crecimiento del 25% en viajes y venta de boletos el último trimestre, destacando la creciente demanda de opciones de pago flexibles en el sector de viajes.
Affirm (NASDAQ: AFRM)과 Priceline이 파트너십을 확대하여 Affirm을 Priceline Partner Solutions의 B2B 비즈니스에 대한 분할 지급 제공업체로 지정했습니다. 항공사, 크루즈 라인, 자동차 렌탈, 호텔 등 파트너 브랜드들은 이제 고객들이 웹사이트를 통해 여행 비용을 분할로 지불할 수 있는 기능을 제공할 수 있습니다. $50 이상 주문 시, 고객들은 빠른 승인 절차 후 숨겨진 수수료 없이 투명한 결제 계획에 접근할 수 있습니다. Affirm은 지난 분기 여행 및 티켓 판매에서 25% 성장률을 보고했습니다, 이는 여행 부문에서 유연한 결제 옵션에 대한 수요가 증가하고 있음을 나타냅니다.
Affirm (NASDAQ: AFRM) et Priceline ont élargi leur partenariat, faisant d'Affirm le fournisseur de paiement échelonné pour le secteur B2B des Solutions Partenaires de Priceline. Les marques partenaires dans les domaines des compagnies aériennes, des croisières, de la location de voitures et des hôtels peuvent désormais offrir aux clients la possibilité de payer leurs voyages en plusieurs fois via leurs sites web. Pour les commandes supérieures à 50 $, les clients peuvent accéder à des plans de paiement transparents sans frais cachés après un processus d'approbation rapide. Affirm a rapporté une croissance de 25 % dans le secteur des voyages et des billets le dernier trimestre, soulignant la demande croissante pour des options de paiement flexibles dans le secteur du voyage.
Affirm (NASDAQ: AFRM) und Priceline haben ihre Partnerschaft erweitert, wobei Affirm zum Anbieter von Ratenzahlungen für das B2B-Geschäft von Priceline Partner Solutions wird. Partnermarken in den Bereichen Fluggesellschaften, Kreuzfahrten, Autovermietungen und Hotels können den Kunden nun die Möglichkeit bieten, ihre Reisen über ihre Websites in Raten zu bezahlen. Bei Bestellungen über $50 können die Kunden nach einem schnellen Genehmigungsprozess auf transparente Zahlungspläne ohne versteckte Gebühren zugreifen. Affirm meldete im letzten Quartal ein Wachstum von 25% im Reise- und Ticketvertrieb, was die wachsende Nachfrage nach flexiblen Zahlungsoptionen im Reisebereich unterstreicht.
- 25% growth reported in travel and ticketing segment last quarter
- Expansion of partnership with major travel platform Priceline
- Access to broader customer base through Priceline Partner Solutions network
- None.
Insights
This expanded partnership with Priceline Partner Solutions represents a significant business growth opportunity for Affirm. The B2B integration will expose Affirm's payment solutions to a vast network of travel brands, potentially driving substantial transaction volume growth. The 25% growth in travel and ticketing last quarter demonstrates strong market demand for flexible payment options in the travel sector.
The strategic value lies in Affirm's ability to tap into Priceline's extensive partner network, which includes airlines, cruise lines, hotels and car rental companies. This B2B approach could accelerate merchant adoption more efficiently than pursuing individual partnerships. The
The integration into Priceline Partner Solutions' B2B platform positions Affirm to capture a larger share of the travel payments market. The seamless checkout integration and real-time approval process address key friction points in travel bookings, while the transparency in fee structure aligns with growing consumer demand for clear payment terms.
This deal could significantly impact Affirm's gross merchandise value (GMV) metrics, as travel purchases typically have higher average order values compared to retail transactions. The partnership's timing is optimal, coinciding with strong post-pandemic travel demand and increasing consumer preference for buy-now-pay-later options in higher-ticket purchases.
Brands using Priceline Partner Solutions can now seamlessly offer Affirm’s flexible and transparent payment options directly at checkout
“Priceline Partner Solutions powers some of the most well-known brands in travel with Priceline’s leading technology, best-in-class rates and inventory,” said Matthew Shutt, Vice President & General Manager, Priceline Partner Solutions. “Working with Affirm and offering their flexible payment options is a natural extension to our product suite and of our ongoing quest to help partners meet consumer needs.”
“Travelers are increasingly eager for flexible, transparent payment options, and Affirm’s
Priceline Partner Solutions partner brands can seamlessly integrate Affirm into their checkout flow by working with their account team. Once added, customers will see Affirm as a payment option for orders of
Brands choose to integrate Affirm because it delivers clear value for their customers. This drives increased sales, higher average order values, and improved conversion rates. Interested brands can visit here to become a Priceline Partner Solutions partner and add Affirm to their checkout flow.
About Affirm
Affirm’s 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 — we 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, we show consumers exactly what they will pay up front and never charge any late or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | X.
About Priceline
Priceline, part of Booking Holdings Inc. [NASDAQ: BKNG], has been a leader in online travel for twenty-five years. Priceline’s proprietary deals technology pairs negotiation with innovation to analyze billions of data points to generate deep discounts for customers they can’t find anywhere else. Travelers have access to millions of hotels, flights, alternative accommodations, rental cars, cruises, vacation packages and experiences from trusted brands in over 116 countries around the world, 24/7 customer service and incremental savings when becoming a Priceline VIP. By making affordable travel within reach for all, Priceline helps millions of customers each year be there for the moments that matter to them. Because where your happy place meets your happy price, that place is Priceline.
Payment options through Affirm are subject to eligibility, and are provided by these lending partners: affirm.com/lenders. CA residents: Loans by Affirm Loan Services, LLC are made or arranged pursuant to California Finance Lender license 60DBO-111681.
AFRM-F
View source version on businesswire.com: https://www.businesswire.com/news/home/20241118928993/en/
Affirm
Alex Rafter
press@affirm.com
(650)398-2715
Christina Bennett
press@priceline.com
(203)299-8742
Source: Affirm
FAQ
What is the minimum order value for Affirm payments on Priceline Partner Solutions?
How much did Affirm's (AFRM) travel and ticketing segment grow in the last quarter?
What types of travel companies can integrate Affirm through Priceline Partner Solutions?
