Affirm and American Airlines Partner to Bring Travelers a New Flexible Way to Pay
October 27 2021 - 9:00AM
Business Wire
Eligible travelers can now book flights
on AA.com and use Affirm to pay over time in simple monthly
payments, with no hidden or late fees
Affirm (NASDAQ: AFRM), the payment network that empowers
consumers, today announced that through its partnership with
American Airlines, eligible travelers have added flexibility to
purchase flights and pay over time with Affirm. Affirm is bringing
this added flexibility to American Airlines customers just in time
for holiday travel season. According to the latest Affirm Consumer
Spend Report, more than half of consumers would rather take a
getaway than have a traditional family get-together this holiday
season.
“While consumers are as eager as ever to get away, they remain
conscious of fitting travel into their budget. According to a
recent Affirm survey, 74% of Americans say they’ll spend more on
travel this holiday season than ever before, while 60% are
concerned that they can’t afford to travel as they would like to,”
said Silvija Martincevic, Affirm’s Chief Commercial Officer. “We’re
thrilled to partner with American Airlines to bring travelers the
added payment flexibility, transparency, and control they expect
during the holiday season and beyond.”
By selecting Affirm at checkout, approved American Airlines
customers can split the total cost of flights over $50 into monthly
payments. As is always true with Affirm, consumers are shown the
total cost of their purchase and will never pay more than they
agree to upfront. Affirm also never charges consumers any late or
hidden fees, and any interest is represented in a dollar amount and
never increases.
Select customers will now see Affirm as a payment option for
eligible airfare at checkout on aa.com, and Affirm will be more
broadly available to U.S. customers in the coming weeks. American
Airlines joins over 29,000 Affirm merchant partners, including Ikon
Pass, Target, Vrbo, Vacasa, Walmart, and more to offer customers
flexible payment options.
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 credit cards and other pay-over-time options, we
show consumers exactly what they will pay up front, never increase
that amount, and never charge any late or hidden fees. Follow
Affirm on social media: LinkedIn | Instagram | Facebook |
Twitter.
About American Airlines Group American’s purpose is to
care for people on life’s journey. Shares of American Airlines
Group Inc. trade on Nasdaq under the ticker symbol AAL and the
company’s stock is included in the S&P 500. Learn more about
what’s happening at American by visiting news.aa.com and connect
with American on Twitter @AmericanAir and at
Facebook.com/AmericanAirlines.
Payment options through Affirm are subject to eligibility, and
are provided by these lending partners: affirm.com/lenders.
AFRM-F
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version on businesswire.com: https://www.businesswire.com/news/home/20211027005354/en/
Affirm Alex Rafter press@affirm.com (650)398-2715
American Airlines Andrea Koos mediarelations@aa.com
817-247-4748
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