Affirm and Fiserv, Inc. announced a relationship that will make Affirm available to Fiserv enterprise merchant clients later this year. With this partnership, Affirm will become the first buy now pay later provider fully integrated to the Carat? operating system from Fiserv.

Through this end-to-end integration, Fiserv enterprise merchant clients will be able to add Affirm's Adaptive Checkout, which dynamically surfaces biweekly and monthly payment options side-by-side, to their checkout experience through a simple process. Eligible customers will then have the option to split the cost of purchases and choose between biweekly or monthly payment options. True to Affirm's long-standing commitment to never charge late or hidden fees, customers will never owe more than they agree to upfront at checkout.

Fiserv enables money movement for thousands of financial institutions and millions of people and businesses worldwide, enabling 12,000 financial transactions per second, and is making payment options such as BNPL available to its merchant clients in response to growing demand. Affirm's merchant network includes major retailers such as Amazon, Target and Walmart along with name brands such as American Airlines and Williams Sonoma. Merchants who offer Affirm at checkout have reported as much as 85% higher average order values when compared to other payment methods.