Intuit partners with Affirm for QuickBooks pay-over-time payments

Intuit Inc. (NASDAQ: INTU) announced a multi-year partnership with Affirm Holdings Inc. (NASDAQ: AFRM) to integrate pay-over-time payment options into QuickBooks Payments. Under the agreement, Affirm becomes the exclusive pay-over-time solution for QuickBooks Online customers in the United States.

The integration allows small and mid-market businesses using QuickBooks Payments to offer customers flexible payment plans while receiving upfront payment. Affirm handles application processing, underwriting, and approval for each transaction, with payment options including plans as low as 0% APR without late fees or hidden charges.

According to a May 2025 survey commissioned by Intuit QuickBooks, 56% of small and mid-market businesses are owed money from unpaid invoices, averaging $17,500 per business. The partnership aims to address cash flow challenges by allowing businesses to receive immediate payment while customers pay over time.

"By partnering with Affirm to bring native, pay-over-time functionality to QuickBooks, we are giving businesses a powerful new way to increase conversion and improve cash flow," said David Hahn, executive vice president and general manager of Services Group at Intuit.

Pat Suh, senior vice president of Revenue at Affirm, stated the integration will provide businesses "another lever for growth" by offering customers transparent payment options while ensuring businesses continue receiving upfront payment.

The service will launch in the coming months for eligible U.S. businesses using QuickBooks Payments to invoice customers, requiring no additional setup. Intuit manages more than $2 trillion in invoices annually on its platform, with QuickBooks processing $174 billion in online payments volume in fiscal year 2025.

The partnership expands Intuit's financial management capabilities for its millions of QuickBooks users while providing Affirm access to a broader customer base through the accounting software platform.

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