Apple to Integrate Affirm Payment Products into Apple Pay in U.S. and Australia Later This Year

Jun 11, 2024, 01:13 PM

Apple Inc. announced that Affirm Holdings' payment products will be available for Apple Pay users in the U.S. later this year. This partnership will enable users to access pay-over-time options on iPhone and iPad, and apply for loans directly through Affirm when checking out with Apple Pay. Additionally, users will be able to redeem rewards for purchases with Apple Pay, starting with Discover and Synchrony. Affirm does not expect this partnership to have a material impact on its FY 2025 revenue or gross merchandise volume. Furthermore, the ability to access installments from credit and debit cards with Apple Pay will roll out in the U.S. with Citi, Synchrony, and issuers with Fiserv, and in Australia with ANZ.