Affirm Holdings Inc. has announced a new partnership with Shopmonkey, a cloud-based auto shop management platform, to offer flexible and transparent payment options to auto shops across the U.S. and Canada. This collaboration allows auto shops using Shopmonkey's payment processing solution to provide Affirm's pay-over-time plans to their customers. By implementing Affirm's financing options, car owners can now choose to spread the cost of repairs into manageable biweekly or monthly payments, with interest rates as low as 0% APR and no hidden fees. This initiative aims to enhance customer satisfaction and support the growth of small and medium-sized auto businesses.
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