Move comes in response to soaring demand for flexible Buy Now Pay Later option in the US
Alternative Airlines teams up with Afterpay to offer instalment payments
Flight search and booking website Alternative Airlines has started offering a flexible payments option for its US users through a tie-up with Afterpay.
The leading Buy Now Pay Later (BNPL) payments firm provides a flexible option at checkout by splitting the cost into four interest-free instalments over six weeks.
Sam Argyle, managing director at Alternative Airlines, said: “Afterpay gives great flexibility to our customers, and since launching we’ve seen a huge demand for it.
“Over the past 18 months we’ve turned our focus towards domestic travel within the US, and Afterpay’s ‘Pay in 4’ product has been perfect for this.
“The six week period that customers are required to pay over fits perfectly with the average order value (AOV) for these types of flights.
“We’ve been delighted with the results since launching Afterpay, and continue to see above-average conversion rates — which is helping to drive incremental revenue for our business.”
Zahi Khoja, general manager of Afterpay North America, said: “There is a clear demand from Gen Z and Millennials to travel again, making this an ideal time to bring flexible spending to Alternative Airlines customers.
“With Afterpay, this next generation can have the freedom to book flights and travel when and how they want, while budgeting the cost of their plane ticket. This can help customers spend responsibly, avoiding revolving debt and interest that comes with credit card payments.”
Through Alternative Airlines, Afterpay is available as a payment option for US residents. Travellers only pay 25% upfront, while the remaining cost of the flight is split into equal instalments due every two weeks.