Affirm Expands Partnership with Stripe to Canada

​Affirm, the payment network that empowers consumers and helps merchants drive growth, announced that it is expanding its relationship with Stripe, a financial infrastructure platform for businesses, to Canada.

Affirm's Adaptive Checkout™ is now available to all eligible Canadian Stripe users, allowing merchants and platforms to add this pay-over-time option to their checkout experience. Adaptive Checkout uses Affirm's smart decision engine to make a real-time underwriting decision and offer consumers optimized bi-weekly and monthly pay over time options side-by-side. 

"Stripe has been powering Canadian businesses since 2012 and our work with Affirm will help them continue to scale and adapt with changing consumer preferences," said Sophie Sakellariadis, Product Lead for Payment Methods at Stripe. "By adopting Affirm, we've seen Stripe users boost their average order value with flexible payment plans."

"Since launching in the U.S. with Stripe, we've helped many businesses better serve their customers and drive growth by providing transparent and flexible payment options," said Wayne Pommen, Chief Revenue Officer of Affirm. "We are excited to expand our partnership and strengthen our position as one of the leading providers in Canada. By providing consumers with greater choice to select the custom payment plan that is right for them, Adaptive Checkout has been proven to increase sales and conversion, and is now available to Stripe's Canadian users."

Source: Finextra