The partnership will enable merchants to offer their customers the ability to pay at their own pace using Affirm online and in-store. They will also be able to offer Affirm’s full range of payment options, including biweekly and monthly payments.
Verifone officials state that they predict the Buy Now, Pay Later (BNPL) market will continue to see rapid growth as more consumers use and gain trust in their preferred wallets, and as merchants expand their payment acceptance to cater to consumer demand.
In the coming months, merchants will be able to implement the solution with just one integration of their ecommerce or in-store solutions to Verifone’s Cloud Services platform. Verifone’s APM platform provides settlement and secure reporting to merchants.
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