Royal Caribbean has extended its payment partnership with Affirm (NASDAQ: AFRM) to include customers in the United Kingdom and Canada, allowing travelers to split cruise costs into installments without compound interest or late fees.

The arrangement enables approved customers in both countries to divide their booking payments into manageable amounts at checkout, with full cost transparency and no hidden charges. Royal Caribbean customers will see the complete price upfront and pay only the agreed amount.

The expansion builds on the existing partnership between the cruise line and payment network in the United States, which has also been renewed according to the company statement.

"We know our guests are looking for memorable experiences when they sail with us, and flexibility plays an important role in helping them plan those getaways with confidence," said Kara Wallace, chief marketing officer at Royal Caribbean. "Expanding our partnership with Affirm gives more travellers choice in how and when they pay, making it easier than ever to book the experiences that matter most."

Wayne Pommen, Chief Revenue Officer at Affirm, said the payment option aims to eliminate financial complexity from cruise booking. "Booking a cruise should feel like the start of your holiday, not a financial juggling act," Pommen stated.

Affirm reported that travel purchases on its network increased 29% year-over-year as of the quarter ended March 31, 2024. The company operates under Financial Conduct Authority regulation in the UK.

The payment service offers rates from 0-31.99% APR in Canada, subject to provincial regulations and eligibility requirements. UK services require customers to be 18 or older with bank accounts or debit cards, with credit subject to minimum spend requirements.