Affirm and FIS Partner to Enable BNPL via Debit Cards

Affirm has teamed up with FIS to integrate buy now, pay later (BNPL) capabilities directly into debit card programs. The partnership allows FIS’s debit processing bank clients to offer Affirm’s pay-over-time options through their digital banking and mobile app platforms.

Participating banks can provide eligible customers with biweekly and monthly payment plans via their existing debit cards. Additionally, debit cardholders can access merchant-funded financing offers, including 0% APRs, extended payment terms, and higher credit limits, from Affirm’s network of over 335,000 merchants. Affirm will handle underwriting and servicing.

Jim Johnson, Co-President of Banking Solutions at FIS, stated, “This partnership delivers Affirm’s innovative technology and merchant network to our clients, enabling them to offer competitive, differentiated services.”

Wayne Pommen, Chief Revenue Officer at Affirm, added, “Millions prefer using debit cards from trusted financial institutions. Now, they can access exceptional credit options through their preferred payment method.”