When you add affirm to your website, you are allowing customers to finance their purchases over a payment schedule, which can help soften the blow for average customers to afford higher ticket items. According to their website, businesses that integrate with Affirm see an average 85% increase in Average Order Value, as well as a 20% increase in Repeat Purchase Rate.
Affirm is super easy to use... the customer only needs to accept an SMS message, enter a code, and choose a payment option!
Affirm offers each shopper multiple payment options -- starting with an interest free financing then offering longer term options. Affirm is great for larger purchases where the customer might want to split up the payments over time, but it also works well for the "sweet-spot" ecommerce purchases that range in the few 100-dollar range. Financing the payment helps the buyer justify those luxury gifts that would otherwise seem frivolous.
Read more about the benefits of integrating your Punchmark website here.
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