{"id":773143,"date":"2023-07-27T14:40:23","date_gmt":"2023-07-27T18:40:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cathay-pacific-selects-affirm-as-its-exclusive-pay-over-time-partner-in-the-u-s\/"},"modified":"2023-07-27T14:40:23","modified_gmt":"2023-07-27T18:40:23","slug":"cathay-pacific-selects-affirm-as-its-exclusive-pay-over-time-partner-in-the-u-s","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cathay-pacific-selects-affirm-as-its-exclusive-pay-over-time-partner-in-the-u-s\/","title":{"rendered":"Cathay Pacific Selects Affirm as its Exclusive Pay-Over-Time Partner in the U.S."},"content":{"rendered":"

<\/p>\n

Cathay Pacific Selects Affirm as its Exclusive Pay-Over-Time Partner in the U.S. <\/b><\/p>\n

\nFlights available in simple monthly or bi-weekly payments, with no hidden or late fees<\/p>\n

SAN FRANCISCO–(BUSINESS WIRE<\/a>)–Affirm<\/a> (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced a partnership with Cathay Pacific<\/a>, a global airline based in Hong Kong, to become its exclusive U.S. pay-over-time partner.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230727222907\/en\/<\/a><\/p>\n

\"(Graphic:<\/p>\n

(Graphic: Business Wire)<\/p>\n<\/div>\n

\nThis year, Cathay Pacific celebrated its 40th<\/sup> anniversary of connecting Hong Kong and North America. Today, Cathay Pacific offers nonstop passenger services to Hong Kong and over 60 destinations worldwide\u2014including 16 airports in 15 cities in the Chinese Mainland\u2014from four U.S. cities (Boston, Los Angeles, New York (JFK), and San Francisco)\u2014with Chicago services resuming on October 1.<\/p>\n

\nBy selecting Affirm at checkout, approved Cathay Pacific customers can split the total cost of any flight into bi-weekly or monthly payments, for as low as 0% APR. Customers are shown the total cost of their purchase and will never pay more than they agree to upfront.<\/p>\n

\n\u201cCathay Pacific is delighted to partner with Affirm to offer our customers another payment option to purchase flights for their dream trip. Cathay Pacific travelers will now be able to split their payment into easy installments, making it an attractive option for those who prefer to pay over time, at their own pace, without any late or hidden fees,\u201d said Richard Jones, Cathay Pacific\u2019s Vice President of Marketing & Sales, Americas. \u201cCustomers have been asking for more flexibility when it comes to payment options, and this partnership with Affirm delivers a simple and easy-to-use flexible payment option. With Cathay Pacific rebuilding its network of flights from North America to Hong Kong and beyond, there has never been a better time to buy a ticket and explore the world, with flexibility and ease.\u201d<\/p>\n

\n\u201cGlobal airline traffic in May was up<\/a> nearly 40% compared to 2022 and has returned to over 95% of pre-pandemic levels. We\u2019re thrilled to partner with Cathay Pacific to meet this demand by offering travelers a flexible and transparent way to pay over time for flights,\u201d said Wayne Pommen, Affirm\u2019s Chief Revenue Officer. \u201cBy integrating Affirm, Cathay Pacific can seamlessly offer personalized monthly and bi-weekly payment options side-by-side in a single checkout experience that delivers increased purchasing power to its customers.\u201d<\/p>\n

\nCathay Pacific joins over 245,000 Affirm merchants, including Adidas, American Airlines, Gucci, SeatGeek, Walmart, and more. Offering Affirm at checkout can increase overall sales, average order value, conversion, and customer repurchase rates.<\/p>\n

About Affirm<\/b><\/p>\n

\nAffirm\u2019s mission is to deliver honest financial products that improve lives. By building a new kind of payment network \u2014 one based on trust, transparency and putting people first \u2014 we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike most credit cards and other pay-over-time options, we show consumers exactly what they will pay up front, never increase that amount, and never charge any late or hidden fees. Follow Affirm on social media: LinkedIn<\/a> | Instagram<\/a> | Facebook<\/a> | Twitter<\/a>.<\/p>\n

About Cathay Pacific<\/b><\/p>\n

\nCathay Pacific is the home airline of Hong Kong, offering scheduled passenger and cargo services to destinations throughout Asia, North America, Australia and Europe. The company is a member of the Swire Group and is a public company listed on the Hong Kong Stock Exchange. Cathay Pacific has made substantial investments to develop Hong Kong as one of the world\u2019s leading international aviation hubs. Cathay Pacific is a founding member of the one<\/b>world global alliance and earned a coveted spot in both the Cond\u00e9 Nast Traveler 2022 Reader\u2019s Choice Awards and Travel+Leisure 2022 \u201cWorld\u2019s Best Awards\u201d for best international airlines. In February 2023, Cathay Cargo was named Cargo Airline of the Year at the 49th annual Air Transport World (ATW) Airline Industry Achievement Awards<\/a>.<\/p>\n

Payment options through Affirm are subject to eligibility, and are provided by these lending partners: affirm.com\/lenders. CA residents: Loans by Affirm Loan Services, LLC are made or arranged pursuant to California Finance Lender license 60DBO-111681.<\/i><\/p>\n

\nAFRM-F<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230727222907\/en\/<\/a><\/span><\/p>\n

Press
\n<\/b>
Affirm
\n
Alex Rafter
\n
press@affirm.com
\n<\/a>
(650)398-2715<\/p>\n

Cathay Pacific
\n
The Brandman Agency
\n
cathaypacific@brandmanagency.com<\/a><\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Payments Air Technology Transport Finance Networks<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n\n\n\n
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(Graphic: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Cathay Pacific Selects Affirm as its Exclusive Pay-Over-Time Partner in the U.S. Flights available in simple monthly or bi-weekly payments, with no hidden or late fees SAN FRANCISCO–(BUSINESS WIRE)–Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced a partnership with Cathay Pacific, a global airline based in Hong Kong, to become its exclusive U.S. pay-over-time partner. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230727222907\/en\/ (Graphic: Business Wire) This year, Cathay Pacific celebrated its 40th anniversary of connecting Hong Kong and North America. Today, Cathay Pacific offers nonstop passenger services to Hong Kong and over 60 destinations worldwide\u2014including 16 airports in 15 cities in the Chinese Mainland\u2014from four U.S. cities (Boston, … <\/p>\n

Continue reading “Cathay Pacific Selects Affirm as its Exclusive Pay-Over-Time Partner in the U.S.”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-773143","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCathay Pacific Selects Affirm as its Exclusive Pay-Over-Time Partner in the U.S. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cathay-pacific-selects-affirm-as-its-exclusive-pay-over-time-partner-in-the-u-s\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cathay Pacific Selects Affirm as its Exclusive Pay-Over-Time Partner in the U.S. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cathay Pacific Selects Affirm as its Exclusive Pay-Over-Time Partner in the U.S. Flights available in simple monthly or bi-weekly payments, with no hidden or late fees SAN FRANCISCO–(BUSINESS WIRE)–Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced a partnership with Cathay Pacific, a global airline based in Hong Kong, to become its exclusive U.S. pay-over-time partner. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230727222907\/en\/ (Graphic: Business Wire) This year, Cathay Pacific celebrated its 40th anniversary of connecting Hong Kong and North America. 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