Affirm

Affirm is a financial technology company that provides point-of-sale financing and installment loans, commonly known as “buy now, pay later” (BNPL) services. Shoppers can use Affirm at participating merchants or via a virtual card to split purchases into multiple payments, often with transparent terms and no hidden fees. The company partners with thousands of retailers across categories like travel, electronics, apparel, and home goods.

A charge labeled similar to “AFFIRM PAY” on your statement usually represents a scheduled installment payment on a purchase you financed through Affirm, or a repayment tied to an Affirm virtual card transaction. Instead of seeing the original merchant name (for example, a retailer or travel provider), your bank statement may show Affirm as the billing entity because they are handling the financing contract. These can be recurring monthly or biweekly payments, depending on the plan you selected when you checked out.

If you have questions about this charge, log into your Affirm account (via the app or affirm.com) to review active loans, payment schedules, and transaction details that will match the amount and date on your statement. You can download receipts, see which merchant the loan is associated with, and manage or change your payment method there. If something doesn’t look right, contact Affirm support through the app or their help center; they can clarify whether the charge is a scheduled installment, a late fee, or an authorization, and help you dispute or adjust the payment if appropriate.