Tekmetric Partners with Affirm to Bring Flexible Payment Options to Auto Repair Shops
13 Août 2024 - 3:00PM
Business Wire
Tekmetric’s partner shops can now seamlessly
offer Affirm’s pay-over-time options, with no hidden or late
fees
Affirm (NASDAQ: AFRM), the payment network that empowers
consumers and helps merchants drive growth, is announcing an
expanded partnership with Tekmetric, a leading automotive repair
shop management solution empowering auto repair businesses
nationwide. Now, the thousands of auto repair shops that use
Tekmetric’s platform, powered by Stripe Connect, can offer their
customers the ability to pay over time with Affirm for online and
in person auto repair services.
These auto repair shops can add Affirm as a payment option with
just a few simple clicks. By selecting Affirm at checkout, approved
customers can split the total cost of their purchase into monthly
or biweekly payments, for as low as 0% APR. They are shown the
total cost of their purchase and will never pay more than they
agree to upfront, as Affirm never charges late or hidden fees.
“Our partnership with Affirm allows our partner shops to improve
customer satisfaction by offering flexible payment plans, and to
drive higher repair order values and loyalty through versatile
payment choices,” said Sunil Patel, Founder and CEO of Tekmetric.
“Together, we are pioneering a new era in the auto repair industry,
delivering innovative solutions that can drive efficiency, increase
profitability, and provide extraordinary customer experiences.”
“Consumers increasingly expect payment flexibility at checkout,
with a recent Affirm survey revealing that more than half of
respondents have used or would use ‘buy now, pay later’ options,”
said Pat Suh, SVP of Revenue at Affirm. “By partnering with
Tekmetric, we can help the auto repair shops leveraging their
platform meet this consumer demand and accelerate revenue
growth.”
Tekmetric joins Affirm’s network of 292,000 retail partners,
including Amazon, Casper, Newegg, SeatGeek, Royal Caribbean,
Priceline, American Airlines and more. Offering Affirm at checkout
can help drive overall sales, increase average order value, and
reach new customers.
About Affirm Affirm’s mission is to deliver honest
financial products that improve lives. By building a new kind of
payment network — one based on trust, transparency and putting
people first — we empower millions of consumers to spend and save
responsibly, and give thousands of businesses the tools to fuel
growth. Unlike most credit cards and other pay-over-time options,
we show consumers exactly what they will pay up front, never
increase that amount, and never charge any late or hidden fees.
Follow Affirm on social media: LinkedIn | Instagram | Facebook |
X.
About Tekmetric Tekmetric, a leading auto repair
technology company, improves auto repair shops through the
relentless pursuit of innovation. Tekmetric’s cloud-based shop
management solution, including a shop management system, integrated
payments, technology integrations, and real-time data, empowers
auto repair shops nationwide. With Tekmetric, shop owners can
create transparency, enhance productivity, increase profitability,
and deliver a superior customer experience for vehicle owners. For
more information, visit www.tekmetric.com
Payment options through Affirm are subject to eligibility, and
are provided by these lending partners: affirm.com/lenders. CA
residents: Loans by Affirm Loan Services, LLC are made or arranged
pursuant to California Finance Law license 60DBO-111681.
AFRM-F
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version on businesswire.com: https://www.businesswire.com/news/home/20240813854025/en/
Press Tekmetric Jimena Ramirez jramirez@sunwestpr.com
972-955-5014
Affirm Alex Rafter press@affirm.com (650)398-2715
Affirm (NASDAQ:AFRM)
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