Affirm and Virgin Media O2 today announced a new payment option for O2 customers across the United Kingdom. It would offer device financing for mobile phones and hardware at checkout. New and existing customers in O2 are allowed to make choices of monthly plans that suit their budgets. Affirm will make available multiple transparent pay-over-time plans with upfront prices. Customers will never be charged late fees or hidden costs on these plans. Unlike credit cards, these financing plans will not include compound interest. Approved customers will see their payment options clearly during checkout. They can then select the plan that best fits their needs. This partnership also helps Virgin Media O2 expand into the SIM-free device market. It adds to the company’s existing handset bundles and SIM-only services.
Executive Commentary
Chris Bournes, Commercial Director at Virgin Media O2, said:
“Providing our customers with choice and flexibility is at the core of Virgin Media O2’s offering. We want to help our customers access the devices they want with an affordable, clear, and convenient payment option that truly works for them. Through our partnership with Affirm, we’ll do just that – empowering our customers by giving them even more choice to pay for their handset via a flexible service they can trust, with no hidden costs or late fees.”
Ruth Spratt, UK Country Manager at Affirm, said:
“ Virgin Media O2 plays a central role in the daily lives of millions of people across the UK. We’re proud to partner with them to bring our honest, flexible, and longer pay-over-time options to more customers. As more businesses look to improve the way people pay, Affirm provides a solution that puts transparency, trust and convenience at the centre of the experience.” As more businesses look to improve the way people pay, Affirm provides a solution that puts transparency, trust and convenience at the centre of the experience.”
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News Source: Businesswire.com
