WooCommerce and Affirm Expand Partnership and Launch in Canada
May 24 2022 - 9:00AM
Business Wire
Providing Merchants More Options to Offer
Consumers Transparent and Flexible Payments
WooCommerce, the flexible, open-source commerce
solution built on WordPress, and Affirm (NASDAQ: AFRM), the payment
network that empowers consumers and helps merchants drive growth,
today announced a deepened partnership to provide WooCommerce
merchants the opportunity to offer consumers the ability to pay
over time through Affirm. WooCommerce has 3.7 million merchants,
including brands such as Gardyn, Tonal, Mint Mobile &
Teeter.
Eligible WooCommerce businesses will now be able to seamlessly
offer Affirm at checkout in a few simple clicks in the U.S., and in
Canada via PayBright, an Affirm company and one of Canada's leading
providers of installment payment plans. Approved customers will be
presented with either the option to split their purchase into four
interest-free biweekly payments, or be able to select from monthly
payment terms with interest as low as 0% APR.
“Affirm has proven to be a fantastic partner. We’re excited to
be expanding our partnership by allowing even more merchants the
opportunity to provide flexible pay-over-time solutions to their
customers,” said Aleksandra Bettin, Vice President of Business
Development at WooCommerce.
Wayne Pommen, Senior Vice President of Canada at Affirm,
commented, “As a global partnership, WooCommerce merchants will be
able to offer the ability to pay over time with Affirm in Canada
through PayBright, while also positioning Affirm and WooCommerce to
support merchants in additional geographies in the future.”
“Our expanded global partnership with WooCommerce will unlock
greater opportunities for our businesses as we empower more
merchants with our solutions, including our thousands of shared
partners,” said Scott Williams, Vice President of Strategic
Partnerships at Affirm.
“At Gardyn, we believe that eating healthy and delicious food
should be easy, affordable, and better for the planet,” said Laurie
Caldwell, Director of Ecommerce at Gardyn. “By offering Affirm
through WooCommerce’s platform, we’ve been able to further expand
access to sustainable food by providing consumers the ability to
purchase and grow top-quality produce with a payment option that
puts their interests first. Consumers are more than four times more
likely to convert with Affirm compared to other payment options,
and also average higher cart sizes, so they’re growing more tasty,
nutritious and environmentally-friendly produce.”
When paying with Affirm, consumers will be shown the total cost
of their purchase up front and never pay more than what they agree
to at checkout. Offering Affirm at checkout can drive overall
sales, increase average order value, and increase customer
repurchase rates. Interested merchants can learn more about Affirm
here.
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, never
increase that amount, and never charge any late or hidden fees.
Follow Affirm on social media: LinkedIn | Instagram | Facebook |
Twitter | TikTok.
About WooCommerce WooCommerce is the leading open-source
ecommerce platform, powering 28% of the top million online stores
(BuiltWith). Built on WordPress, we empower anyone, anywhere, to
sell anything with truly unlimited extensibility, flexibility, and
control over how they build and evolve their business. Founded in
2011 and acquired by Automattic in 2015, WooCommerce is a fully
distributed company with employees based around the world.
www.woocommerce.com
Follow WooCommerce on social media: Instagram | Facebook |
Twitter
AFRM-F
U.S. customers: Rates from 0-30% APR. 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.
Canada customers: Payment options through PayBright, Inc.
(“PayBright”). Rates will be 0–30% APR (subject to provincial
regulatory limitations). APR offered is based on creditworthiness
and subject to an eligibility check. Not all customers will be
eligible for 0% APR. Downpayment maybe required.
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version on businesswire.com: https://www.businesswire.com/news/home/20220524005079/en/
Affirm Ryan Phillips & Nicholas Fisher
press@affirm.com
WooCommerce press@woocommerce.com
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