Shopmonkey Selects Affirm to Provide Auto Shops Flexible Payment Options
Partnership enables U.S. & Canadian auto shops to offer pay-over-time plans when invoicing customers…
Cloud-based auto shop management platform Shopmonkey announced that it has selected the Affirm payment network as one of its pay-over-time providers. Affirm is now a default payment method for auto shops using Shopmonkey’s payment processing solution, enabling them to offer flexible and transparent financing options to eligible customers, stated company officials in a press release.
Affirm Allows Businesses to Offer Flexible Payment Plans
Shopmonkey says thousands of auto shops—the majority of which are small and medium-sized businesses—use its payment processing solution to support their business needs. Through this partnership, eligible U.S. and Canadian auto shops can offer Affirm’s pay-over-time plans when invoicing their customers. By selecting Affirm, approved customers will have the option to split the total cost of their auto repair bill into biweekly or monthly payment plans, for as low as 0% APR. Customers will never be charged late or hidden fees when they pay with Affirm, noted the press release.
“We believe the automotive care experience starts the minute you drive the car off the lot until you turn the keys over to the next owner. Offering flexible payment options like Affirm is a natural extension of that belief—helping empower our customers to deliver a superior automotive care experience,” said Travis Bickham, chief commercial officer at Shopmonkey. “We are excited to partner with Affirm given their commitment to bringing innovative customer-centric solutions to market.”
“By bringing Affirm’s flexible, transparent payment options to the Shopmonkey platform, we’re helping thousands of small and medium-sized auto shops better serve their customers,” said Wayne Pommen, chief revenue officer at Affirm. “Car owners, who often spend nearly $800 per year on maintenance, get a responsible way to spread out the cost, making it easier to pay for the services they need. This, in turn, will lead to improved customer satisfaction and long-term growth for auto shops.”
