Checkout and payments company Bolt is teaming with buy now pay later (BNPL) provider Affirm,according to a Tuesday (Jan. 27) press release.
The collaboration makes Affirm the default BNPL provider for Bolt’s network of merchants in the United States. The companies will begin integrating Affirm into Bolt’s checkout with select merchants this month, and plan to expand the integration across their merchant base.
“Checkout is were intent turns into revenue, and flexibility matters in that moment,” Bolt founder and CEO Ryan Breslow said in the release. “Affirm’s mission to deliver honest financial products aligns with Bolt’s commitment to building a better commerce experience. Together, we’re giving shoppers more choice and flexibility at checkout.”
This partnership aims to provide Bolt’s merchants with a seamless BNPL integration, offering customers a wider range of payment options. By making Affirm the default BNPL provider, Bolt intends to simplify the checkout process and boost conversion rates for its merchants.
“We’re excited to partner with Bolt to expand our reach and offer more shoppers the benefits of Affirm,” said Eric Wilson,senior vice president of partnerships at Affirm. “Bolt’s one-click checkout experience combined with Affirm’s flexible payment options will create a compelling experience for both merchants and consumers.”
