3. How do online merchants collect payments through Affirm? Affirm will transfer funds to your bank account via ACH transfer within one to three business days of each transaction. While customers spread the purchase price out over weeks or months, Affirm pays the merchant the full amount upfront.
4. How do online sellers use Affirm to manage returns? singapore business fax list of May 2021, Returnly is part of Affirm Loan Services, LLC, helping online merchants with seamless product returns and exchanges. Returnly’s products are designed to help merchants increase repeat purchases, increase return revenue, and improve customer satisfaction.
5. What is the Multiple Financing Plan? With applications like Affirm, online sellers can selectively offer custom financing plans to shoppers based on product or shopping cart attributes defined in their e-commerce platform. The terms and conditions of any financing plan determine the interest rate range, loan term, and merchant fee (MDR), which are negotiated between Affirm and the online merchant.
How do online sellers use Affirm to
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