Affirm Holdings Inc. has announced a groundbreaking partnership with financial technology company FIS, aimed at integrating Affirm's innovative pay-later solutions into existing debit card programs. This collaboration enables banks and credit unions within FIS's extensive network to offer their cardholders the flexibility of pay-over-time options directly through their digital and mobile banking platforms. By leveraging Affirm's technology, financial institutions can enhance cardholder engagement and meet the growing consumer demand for installment payment plans. This strategic move not only caters to evolving consumer needs but also opens new growth opportunities for banks, enhancing customer satisfaction and retention.
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