Affirm Expands BNPL Travel Partnership With Priceline

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display-6"> Affirm Expands BNPL Travel Partnership With Priceline </h1> <div class="post-info-right left relative article-author-box mb-2"> <div class="post-info-name"> <div class="row"> <div class="col-6 my-auto"> <span class="post-info-text small muted text-uppercase">By</span> <span class="author-name vcard fn small muted text-uppercase fw-bold" itemprop="author"> <a href="https://www.pymnts.com/author/pymnts/" title="Posts by PYMNTS" rel="author">PYMNTS</a> </span> <span class="small muted d-none d-md-inline"> | </span> <span class="small muted text-uppercase d-block d-md-inline">November 18, 2024</span> </div> <div class="col-6 text-end my-auto">  <a href="https://www.facebook.com/sharer.php?u=https://www.pymnts.com/bnpl/2024/affirm-expands-bnpl-travel-partnership-with-priceline/&t=Affirm+Expands+BNPL+Travel+Partnership+With+Priceline" title="Share on Facebook"><i class="bi bi-facebook me-1 text-dark"></i></a><a href="https://twitter.com/share?text=Affirm+Expands+BNPL+Travel+Partnership+With+Priceline -&url=https://www.pymnts.com/bnpl/2024/affirm-expands-bnpl-travel-partnership-with-priceline/" title="Tweet This Post"><i class="bi bi-twitter-x mx-1 mx-1 text-dark"></i></a><a href="https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/bnpl/2024/affirm-expands-bnpl-travel-partnership-with-priceline/&title=Affirm+Expands+BNPL+Travel+Partnership+With+Priceline&summary=&source=" title="Share on LinkedIn"><i class="bi bi-linkedin mx-1 mx-1 text-dark"></i></a><a href="mailto:?subject=Affirm Expands BNPL Travel Partnership With Priceline&BODY=I found this article interesting and want to share it with you. Check it out: https://www.pymnts.com/bnpl/2024/affirm-expands-bnpl-travel-partnership-with-priceline/"><i class="bi bi-envelope-fill ms-1 me-0 ms-1 me-md-1 text-dark"></i></a> <span class="d-none d-md-inline"> | </span> <span class="d-block d-md-inline"> <button class="d-none d-lg-inline-block noHover audioPlay border-0 px-0 article-play-button fw-normal py-1 my-0" type="button" value="Play"> <i class="bi bi-play-circle-fill mx-1 text-dark"></i></button> <button class="d-lg-none noHover audioPlay border-0 px-0 article-play-button fw-normal py-1 my-0" type="button" value="Play"><span class="listenToArticle small text-uppercase"></span><i class="bi bi-play-circle-fill text-dark mx-1"></i></button> <button class="noHover audioPause border-0 px-0 article-pause-button py-1 my-0"><i class="bi bi-pause-circle-fill text-dark mx-0"></i></button> </span> </div></div> </div> </div> <div id="post-feat-img" class="left relative mb-3"> <img class="py-desktop w-100 h-auto pymnts-featured-sm-image " width="1000" height="600" alt="Affirm app" src="https://www.pymnts.com/wp-content/uploads/2024/11/Affirm-BNPL-travel-Priceline.png?w=768" /> </div> <div class="post-feat-text"> </div>  <div id="pymnts-content2294352" class="single lh-article mt-1 lnk-article"> <p style="font-weight: 400;">Buy now, pay later provider <a href="https://www.affirm.com/" target="_blank" rel="noopener">Affirm</a> has expanded its partnership with online travel firm <a href="https://www.priceline.com/" target="_blank" rel="noopener">Priceline</a>.</p> <p style="font-weight: 400;">The new collaboration makes Affirm the buy now, pay later (BNPL) provider for Priceline Partner Solutions, the company’s B2B business, Affirm said in a Monday (Nov. 18) <a href="https://investors.affirm.com/news-releases/news-release-details/priceline-selects-affirm-pay-over-time-provider-priceline" target="_blank" rel="noopener">news release</a>.</p> <p style="font-weight: 400;">This means that Priceline partner brands — spanning industries including hotels, airlines and car rental services — can begin offering travelers the ability to schedule trips and pay over time via their own websites, Affirm said in the announcement.</p> <p style="font-weight: 400;">“Travelers are increasingly eager for flexible, transparent payment options, and Affirm’s 25% growth in travel and ticketing last quarter shows the extent of that demand,” Affirm Senior Vice President of Revenue <a href="https://www.linkedin.com/in/patsuh" target="_blank" rel="noopener">Pat Suh</a> said in the release.</p> <p style="font-weight: 400;">“For over five years, we have helped Priceline deliver a better experience for their customers, and we are excited to bring that same value to the travel brands using Priceline Partner Solutions.”</p> <p style="font-weight: 400;">According to the release, Priceline Partner Solutions partner brands can integrate Affirm into their checkout flow by working with their account team. From there, customers will see Affirm as a payment option for orders of at least $50.</p> <p style="font-weight: 400;">As PYMNTS noted earlier this year, consumers are <a href="https://www.pymnts.com/bnpl/2024/earnings-season-shows-consumers-using-bnpl-more-often-for-clothes-and-travel/" target="_blank" rel="noopener">increasingly using BNPL</a> services to fund their vacations, with Affirm and many of its rivals reporting upticks in travel-related spending. For example, Klarna in April expanded its partnership with Expedia to bring <a href="https://www.pymnts.com/travel-payments/2024/klarna-and-expedia-team-to-bring-bnpl-to-us-travelers/" target="_blank" rel="noopener">BNPL travel payments</a> to consumers in the U.S.</p> <p style="font-weight: 400;">Meanwhile, Affirm earlier this month released quarterly earnings that show the company capturing a third of the volume and more than half of the revenue in the American BNPL space.</p> <p style="font-weight: 400;">Affirm <a href="https://www.pymnts.com/buy-now-pay-later/2024/affirm-ceo-says-they-own-half-of-us-pay-later-revenue/" target="_blank" rel="noopener">enjoyed double-digit gains</a> in active customers and merchant counts during the quarter, with transactions per active consumer increasing 25% year over year. Company materials showed gross merchandise volume (GMV) climbing 35% year over year to $7.6 billion, with management noting that the company “significantly outpaced” overall eCommerce.</p> <p style="font-weight: 400;">Overall, BNPL is gaining traction in the U.S. as a preferred payment method, with 16% of consumers <a href="https://www.pymnts.com/bnpl/2024/39percent-of-millennials-say-theyve-used-bnpl-as-a-payment-option-in-the-last-year/" target="_blank" rel="noopener">forgoing traditional avenues</a> in favor of pay-later solutions.</p> <p style="font-weight: 400;">“This trend is particularly pronounced among millennials, with 39% reporting they used BNPL in the past year,” PYMNTS wrote in September.</p> <p style="font-weight: 400;">“The surge in popularity is underscored by a <a href="https://www.pymnts.com/tracker_posts/adjustable-is-the-new-agreeable-bnpl-flexibility-for-subscription-success/" target="_blank" rel="noopener">28% year-over-year increase</a> in gross merchandise volume for BNPL purchases through a single service, indicating its effectiveness in driving sales. Subscription merchants that adopt BNPL can leverage this to capture a larger market share, transforming casual buyers into loyal subscribers.”</p> <div class="pymnt-783430d812654662b79807e8bc646b68 pymnt-bottom-of-article" id="pymnt-783430d812654662b79807e8bc646b68"></div> <div id="bottom-ad"> </div> <div class="row row-cols-1 row-cols-lg-1 recommended-articles" style="clear:both;"> <div class="col mb-1"> <h4 class="header-border text-uppercase small mb-0"> <span class="border-layer border-secondary"> Recommended </span> </h4> <div class="row item noBorderLast remove-col-3"> <div class="col-12 col-md-3 border-bottom border-light py-2 fw-bolder recommended-1"> <a href="https://www.pymnts.com/bnpl/2024/affirm-expands-bnpl-travel-partnership-with-priceline/" class="small recommended-link" rel="bookmark" title="Affirm Expands BNPL Travel Partnership With Priceline">Affirm Expands BNPL Travel Partnership With Priceline</a> </div> <div class="col-12 col-md-3 border-bottom border-light py-2 fw-bolder recommended-2"> <a href="https://www.pymnts.com/news/banking/2024/feds-supervision-report-takes-note-of-rising-card-delinquencies/" class="small recommended-link" rel="bookmark" title="Fed’s Supervision Report Takes Note of Rising Card Delinquencies">Fed’s Supervision Report Takes Note of Rising Card Delinquencies</a> </div> <div class="col-12 col-md-3 border-bottom border-light py-2 fw-bolder recommended-3"> <a href="https://www.pymnts.com/smbs/2024/evercommerce-adds-ai-tools-for-compiling-data-to-small-business-platform/" class="small recommended-link" rel="bookmark" title="EverCommerce Adds AI Tools for Compiling Data to Small Business Platform">EverCommerce Adds AI Tools for Compiling Data to Small Business Platform</a> </div> <div class="col-12 col-md-3 border-bottom border-light py-2 fw-bolder recommended-4"> <a href="https://www.pymnts.com/news/retail/2024/instacart-offers-members-an-express-lane-for-0-holiday-deliveries/" class="small recommended-link" rel="bookmark" title="Instacart Offers Members an ‘Express Lane’ for $0 Holiday Deliveries">Instacart Offers Members an ‘Express Lane’ for $0 Holiday Deliveries</a> </div> </div> </div> <div class="col"> <div class="post-tags"> <span class="smaller fw-bold text-uppercase">See More In: </span><span class="smaller muted text-uppercase" itemprop="keywords"><a href="https://www.pymnts.com/tag/affirm/" rel="tag">Affirm</a>, <a href="https://www.pymnts.com/tag/bnpl/" rel="tag">BNPL</a>, <a href="https://www.pymnts.com/tag/buy-now-pay-later/" rel="tag">buy now pay later</a>, <a href="https://www.pymnts.com/tag/installment-payments/" rel="tag">installment payments</a>, <a href="https://www.pymnts.com/tag/news/" rel="tag">News</a>, <a href="https://www.pymnts.com/tag/partnerships/" rel="tag">partnerships</a>, <a href="https://www.pymnts.com/tag/priceline/" rel="tag">Priceline</a>, <a href="https://www.pymnts.com/tag/priceline-partner-solutions/" rel="tag">Priceline Partner Solutions</a>, <a href="https://www.pymnts.com/tag/pymnts-news/" rel="tag">PYMNTS News</a>, <a href="https://www.pymnts.com/tag/travel/" rel="tag">travel</a>, <a href="https://www.pymnts.com/tag/travel-payments/" rel="tag">Travel Payments</a>, <a href="https://www.pymnts.com/tag/whats-hot/" rel="tag">What's Hot</a></span> </div> </div> </div> </div> </div> <div id="sidebar-container" class="d-none d-lg-block col-3 ms-5 me-auto"> <div id="sidebar-wrap" class="small"> <h4 class="header-border text-uppercase mb-2 fs-6 small"> <span class="border-layer"> Trending News </span> </h4> <div class="d-flex mb-3"> <div class="item flex-grow-1 noBorderLast"> <div class="border-bottom border-light pb-2"> <a href="https://www.pymnts.com/news/payments-innovation/2024/how-the-shopify-of-gaming-is-helping-developers-go-direct-to-consumer/" title="How the ‘Shopify of Gaming’ Is Helping Developers Go Direct to Consumer" > How the ‘Shopify of Gaming’ Is Helping Developers Go Direct to Consumer </a> <br> </div> <div class="border-bottom border-light py-2"> <a href="https://www.pymnts.com/news/risk-management/2024/chief-risk-officers-suit-up-for-digital-duty/" title="Chief Risk Officers Suit Up for Digital Duty"> Chief Risk Officers Suit Up for Digital Duty </a> <br> </div> <div class="border-bottom border-light py-2"> <a href="https://www.pymnts.com/blockchain/2024/the-price-of-loyalty-brands-bet-big-on-blockchain-to-woo-consumers/" title="The Price of Loyalty? 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pathTitles.push({ path: location.pathname, title: Q('h1').innerText }); triggerPageView(curPath); loadNextArticle(true); } function handleScrolling() { //console.log('handleScrolling', curArticle, curPath); let curArticleBox = null; let curArticleId = null; if (curArticle) { curArticleId = curArticle.getAttribute('id'); //console.log('curArticleId', curArticleId); curArticleBox = curArticle.getBoundingClientRect(); //console.log('curArticle box', window.innerHeight, curArticleBox) if (curArticleBox.y <= window.innerHeight) { console.group(); console.log('handleScrolling have curArticle'); document.title = curTitle; const state = { 'page_id': 1, 'user_id': 5 } history.replaceState(state, '', curPath); const urlInfo = curArticle.getAttribute('urlinfo'); console.log('curArticle urlInfo', urlInfo); let test = partialsAlreadyLoaded.indexOf(urlInfo); console.log('test', test, partialsAlreadyLoaded.length); ++test; if (test && test === partialsAlreadyLoaded.length) { curArticle = null; loadNextArticle(); 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