Trying to get Affirm funding requires a shopper to provide the identity, birthdate, contact number, and you may email. Affirm processes the data and you can approves otherwise denies the financing almost instantaneously. People which obtain brand new Affirm application is also prequalify to own purchases with Affirm before it initiate hunting. Consumers who undertake the loan conditions will receive an online “credit card” from the application which enables these to type in antique credit card number in the area regarding get. The new app is present getting Android and ios, and you will shoppers may use the fresh new app to track its mortgage installment times and to generate costs safely. The fresh applications is actually highly regarded because of the users.
Affirm boasts that it can improve mediocre acquisition value (AOV) customers invest if they are hunting at your store giving her or him an approach to purchase your things having borrowing, but at a potentially complete less expensive than just they’d spend if the having fun with a credit card.