Visa has collaborated with Affirm to bring its “flexible credential” technology to the U.S., allowing consumers to toggle between debit and buy now, pay later (BNPL) options through a single card. The new Affirm card, powered by Visa Flexible Credential (VFC), gives users the flexibility to either pay in full at any Visa-accepting merchant or split payments over time via the Affirm app.
Affirm’s CEO, Max Levchin, stated that providing consumers with more control and flexibility is a key aspect of the Affirm card, aligning with the company’s commitment to building better financial products.
In another use case of Visa’s flexible credential tech, Emirates NBD’s digital arm, Liv, is offering customers a card that allows seamless transactions in multiple currencies, automatically selecting the appropriate account based on the transaction’s currency.
This U.S. and UAE rollout follows VFC’s successful introduction in Japan last year with Sumitomo Mitsui Card Company’s Olive account, which now serves three million cardholders.