Cloud-based auto shop management platform Shopmonkey has partnered with Affirm to offer pay-over-time financing options to customers across the U.S. and Canada.
The integration makes Affirm a default payment method within Shopmonkey’s payment processing solution, allowing thousands of auto shops—primarily small and medium-sized businesses—to provide biweekly or monthly payment plans on auto repair bills.
With Affirm, eligible customers can finance vehicle maintenance and repairs with no late or hidden fees, and in some cases, at 0% APR. This move is aimed at easing the burden of car ownership, with maintenance costs averaging nearly $800 per year.
“We believe the automotive care experience starts the minute you drive the car off the lot until you turn the keys over to the next owner,” said Travis Bickham, Chief Commercial Officer at Shopmonkey. “Offering flexible payment options like Affirm is a natural extension of that belief.”
Wayne Pommen, Chief Revenue Officer at Affirm, emphasized the value for both consumers and businesses. “We’re helping thousands of small and medium-sized auto shops better serve their customers. This in turn will lead to improved customer satisfaction and long-term growth for auto shops,” he said.
The partnership underscores a growing trend of fintech solutions enhancing customer experience and operational efficiency in traditionally offline industries like automotive repair.
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