Bolt Selects Affirm as Embedded Buy Now, Pay Later Partner Across Its One-Click Checkout Network

Core Insights - Bolt has announced a strategic partnership with Affirm to integrate Affirm's buy now, pay later (BNPL) services into Bolt's checkout experience, enhancing payment flexibility for merchants and consumers [1][2]. Group 1: Partnership Details - The partnership will roll out to select merchants this month, with plans for broader availability across Bolt's merchant base [2]. - Affirm will be integrated into Bolt's one-click checkout, allowing both logged-in and guest shoppers to access BNPL options without additional integration work for merchants [2]. Group 2: Benefits for Merchants and Consumers - The integration aims to improve conversion rates and checkout completion by reducing friction at the point of purchase, providing a standardized way for merchants to offer installment payments [3][4]. - Shoppers can choose personalized payment plans, including options with 0% APR where eligible, and Affirm does not charge late or hidden fees [3][4]. Group 3: Impact on Sales and Customer Reach - Offering Affirm at checkout is expected to help businesses drive overall sales, increase average order value, and attract new customers [5].