Fiserv, Affirm announce collaboration to bring pay-over-time to debit card

Fiserv (FISV) announced an exclusive collaboration with Affirm (AFRM) to bring pay-over-time capabilities to debit card programs for financial institutions. “Millions of consumers depend on their local financial institutions, including for their top-of-wallet debit cards,” said Wayne Pommen, Chief Revenue Officer at Affirm. “By partnering with Fiserv, we’re helping these institutions offer transparent pay-over-time options-so customers can get the flexibility they need from the banks and credit unions they already depend on, rather than having to look elsewhere. We’re excited to enable this co-branded offering for Fiserv’s partners, allowing them to natively offer Affirm’s flexible payments through their existing debit cards.”