BNPL Fintech Affirm Partners with Auto Repair Management Firm Tekmetric

Tekmetric, an automotive repair shop management solution, has expanded its partnership with Affirm (NASDAQ: AFRM), the payment network enabling buy now, pay later (BNPL) services.

This collaboration enables thousands of auto repair shops using Tekmetric’s platform to offer customers flexible payment options, both online and in-person, powered by Stripe Connect.

This strategic alliance is set to drive revenue growth, enhance customer satisfaction, and meet the evolving demands of consumers seeking financial flexibility at checkout.

The partnership taps into a growing trend where consumers increasingly expect versatile payment solutions.

According to a recent Affirm survey, over half of respondents have either used or expressed interest in BNPL options, reflecting a shift toward more accessible financing models.

By integrating Affirm’s payment system, Tekmetric empowers auto repair shops to meet this demand with a seamless, user-friendly experience.

Customers can now split the cost of their repairs into monthly or biweekly payments, with options for as low as 0% APR.

Importantly, Affirm’s so-called transparent model ensures customers are shown the total cost upfront, with no hidden fees or late charges, fostering trust and loyalty.

For auto repair shops, the benefits are substantial.

Adding Affirm as a payment option requires just a few clicks, making it easy for shops to adopt without disrupting operations.

This simplicity is useful for small and medium-sized businesses that rely on Tekmetric’s platform to streamline their processes.

Pat Suh, Affirm’s SVP of Revenue said:

“Consumers increasingly expect payment flexibility at checkou. By partnering with Tekmetric, we can help the auto repair shops leveraging their platform meet this consumer demand and accelerate revenue growth.”

The ability to offer flexible payments is expected to boost repair order values, as customers are more likely to proceed with necessary repairs when financing is available.

Tekmetric’s CEO, Sunil Patel, echoed this sentiment, emphasizing the partnership’s impact on customer experience.

Patel stated:

“Our partnership with Affirm allows our partner shops to improve customer satisfaction by offering flexible payment plans, and to drive higher repair order values and loyalty through versatile payment choices.”

This alignment with consumer preferences positions Tekmetric’s network of shops to stand out in a competitive market, where convenience and affordability are key differentiators.

The collaboration also underscores Affirm’s broader mission to empower consumers and merchants.

As a fintech innovator, Affirm has built a reputation for providing transparent financial products that prioritize trust and simplicity.

Its integration with Stripe Connect ensures a robust, scalable solution for Tekmetric’s ecosystem, enabling shops to focus on service delivery while Affirm handles the payment infrastructure.

This partnership arrives at a time when the auto repair industry faces rising costs and economic uncertainty, making flexible payment options more critical than ever.

By equipping shops with tools to meet modern consumer expectations, Tekmetric and Affirm are supporting business growth and transforming the future of auto repair financing.