BNPL Fintech Affirm Research: The Impact of 0% APR Financing on Holiday Spending
Friday, 13 September 2024, 05:40
Understanding the Impact of 0% APR Financing
BNPL fintech Affirm has conducted research that highlights the positive effects of 0% APR financing options on consumer holiday spending. This financing not only aids in attracting customers but also encourages higher spending at the point of sale.
Key Findings from Affirm's Research
- 0% APR financing significantly boosts consumer confidence.
- Affirm's financing solutions enhance sales for merchants, especially during peak shopping seasons.
- Consumers show increased purchasing power with 0% APR options.
As the holiday season approaches, retailers should consider incorporating Affirm's financing solutions into their payment options to maximize consumer engagement and increase sales volumes.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.