Intuit, a global financial technology platform, has announced a new multi-year partnership with Affirm. Under this agreement, Affirm will become the exclusive pay-over-time solution integrated into QuickBooks Payments, aiming to enhance Intuit’s financial management capabilities for small and mid-market businesses (SMBs).
This partnership will allow millions of SMBs using QuickBooks to offer Affirm’s flexible payment options to their customers. The goal is to assist businesses in attracting new customers, boosting conversion rates, maximizing sales, and improving cash flow.
Timely payments and healthy cash flow are critical for SMBs, yet many face challenges in this area. Data indicates that over half (56%) of SMBs are owed money from unpaid invoices, with an average amount of $17,500 per business. The integration of Affirm’s pay-over-time offerings into QuickBooks is designed to provide businesses with a tool to increase conversion rates and average order value, expand their customer base, and accelerate overall cash flow. Businesses will receive payment upfront, while Affirm assumes the repayment risk from customers and does not charge late or hidden fees.
David Hahn, EVP, GM, Services Group at Intuit, stated that the partnership provides businesses with “a powerful new way to increase conversion and improve cash flow, while offering their own customers flexibility.” He noted that with over $2 trillion in invoices managed on the Intuit platform annually, this integration aims to accelerate frictionless payment capabilities and support financial success for businesses and consumers.
In the coming months, Affirm will be introduced as a payment method for eligible U.
S. businesses that utilize QuickBooks Payments for invoicing customers. This will require no additional setup or technical implementation. Approved customers will have the option to split invoices into flexible payment plans, including options with 0% APR, and will not incur late fees or hidden charges. Affirm will manage the application, underwriting, and approval processes for each transaction, removing this responsibility from business owners.
Pat Suh, SVP of Revenue at Affirm, commented on the integration, stating it will provide SMBs with “another lever for growth” by offering customers a transparent and responsible way to pay over time, while ensuring businesses get paid upfront. Suh emphasized that by providing clarity and avoiding late or hidden fees, businesses can improve their cash flow and dedicate more time to their operations.
Affirm’s pay-over-time solutions will be available to QuickBooks Online customers in the U.
S. who use QuickBooks Payments in the upcoming months. QuickBooks Payments accounts are subject to eligibility criteria, credit, and approval. Money movement services are provided by Intuit Payments Inc., which is licensed as a Money Transmitter by the New York State Department of Financial Services. The information provided outlines general product direction and does not constitute an obligation or basis for purchasing decisions. Additional terms, conditions, and fees may apply, and product offers, features, and functionality are subject to change without notice. These figures are based on a May 2025 survey commissioned by Intuit QuickBooks for unpaid invoices and total invoices managed in FY25.
