Alternative Airlines to offer 0% APR Finance on Flight Tickets for U.S Customers with Affirm
The UK-based flight search website Alternative Airlines is now offering 0% APR finance on all flights under $1,000 for U.S customers through its partnership with Affirm.
U.S customers who qualify will be offered the option to take out 0% APR loans for 3 or 6 months on any flight around the world, under $1,000 with Alternative Airlines. Customers will have the benefit of paying for their flight tickets in monthly instalments and will receive a realtime decision. For example, a $1,000 purchase on airline tickets at 0% APR would cost $166.67 per month over 6 months. Affirm may require an initial down payment.
We are excited to be working with Affirm
Alternative Airlines is a flight search website that specialises in providing a wide range of flights for the off-the-beaten track destinations as well as popular locations. The integration with Affirm adds to the list of alternative payment options that Alternative Airlines offers such as PayPal, Amazon Pay, Google Pay, Apple Pay and Alipay in China.
U.S customers can also select flights over $1,000 and apply for a loan through its partnership with Affirm. All loans are based on real-time decisions, and customers have the benefit of purchasing the flight tickets now and paying for them over time via simple monthly instalments. “Offering 0% APR finance loans on flight tickets provides convenience and flexibility. Nowadays, when people see a great deal, they don’t want to have to wait for payday to make the purchase. 0% APR purchases with Affirm gives customers the opportunity to delay the cost of flights and budget before a big trip” said Sam Argyle, Alternative Airlines Managing Director. “We are excited to be working with Affirm to offer our customers this alternative payment option as consumer demand continues to rapidly increase.”
Alternative Airlines partnered with the San Francisco based fintech company Affirm towards the end of 2018 and they have already seen a 42% increase in average order value and a 6% repurchase rate with Affirm.
About Alternative Airlines
Alternative Airlines is a flight search website that offers a fast, easy and convenient way to book flights to remote destinations as well as well-known locations. Alternative Airlines specialises in providing travellers with a wider choice of flights by working with more than 600 airlines including the smaller, regional ones across the world especially in Latin America, the Caribbean, Africa and South-East Asia. Alternative Airlines' global audience can enjoy over 20 international payment methods across 70 currencies.
Affirm was founded with a goal to create honest financial products and services that empower consumers and improve lives. Our goal is to revolutionize the banking industry to be more accountable and accessible to consumers. Today, Affirm provides millions of shoppers an alternative to traditional credit cards at the point of sale, giving them the flexibility to buy now and make simple monthly payments for their purchases. Unlike payment options that have compounding interest and unexpected costs, Affirm shows customers upfront exactly what they’ll pay each month — with no hidden fees and no surprises. Affirm partners with over 2,000 merchants to give shoppers the option to pay with Affirm at checkout including well-known brands across retail including home furnishings, travel, personal fitness, electronics, apparel and beauty, and more. Loans are made in partnership with Affirm’s originating bank partner Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC.
For more information, please contact Sophie Georgalakis - [email protected] or 01293 874 920