If you've noticed a AFFIRM *PAYMENT charge on your bank or credit card statement and aren't sure what it is, you're not alone. Thousands of people search for this transaction every month. This charge is associated with Affirm, a digital payment processing platform. In this guide, we'll explain exactly what this charge means, why it appeared, whether it's legitimate, and what steps you can take if you want a refund or need to cancel.
What Is the AFFIRM *PAYMENT Charge?
The AFFIRM *PAYMENT charge on your bank statement is a payment made to Affirm. This transaction descriptor is the way Affirm identifies itself on your credit card or debit card statement. The charge could be for a purchase, subscription renewal, one-time payment, or recurring billing cycle.
Affirm uses this billing descriptor so you can recognize the transaction. However, because these descriptors are often abbreviated or formatted differently than you'd expect, they can be confusing when you review your statement.
Why Do You See This Charge?
There are several common reasons you might see the AFFIRM *PAYMENT charge on your statement:
- Active subscription or membership: You or someone with access to your payment method signed up for Affirm and the service is billing you on a recurring basis.
- Free trial conversion: Many services offer free trials that automatically convert to paid subscriptions if not cancelled before the trial period ends.
- One-time purchase: You may have made a single purchase through Affirm that is now appearing on your statement.
- Family or shared account: A family member or someone who has access to your payment information may have made a purchase or started a subscription.
- Price increase: Affirm may have updated their pricing, resulting in a higher charge than you expected.
Is the AFFIRM *PAYMENT Charge Legitimate?
In most cases, the AFFIRM *PAYMENT charge is a legitimate transaction from Affirm. However, there are situations where the charge may be unauthorized:
- You never signed up: If you have no recollection of creating an account or making a purchase with Affirm, the charge could be fraudulent.
- You already cancelled: If you cancelled your subscription but are still being charged, this could be a billing error.
- Incorrect amount: If the charge amount doesn't match what you expected to pay, there may be a billing discrepancy.
- Duplicate charges: Sometimes technical glitches result in being charged twice for the same transaction.
If you believe the charge is unauthorized, take action immediately by contacting Affirm and your bank.
How to Get a Refund for AFFIRM *PAYMENT
If you need a refund for a AFFIRM *PAYMENT charge, follow these steps:
- Contact Affirm directly: Reach out to Affirm's customer support team. Explain the situation and request a refund. Many companies will process refunds for recent charges, especially if you're within their refund window.
- Check your email: Search your email for receipts or confirmation messages from Affirm that can help you identify the specific transaction.
- Dispute with your bank: If Affirm refuses to issue a refund and you believe the charge is unauthorized, you can file a chargeback dispute with your bank or credit card company. You typically have 60-120 days from the statement date to file a dispute.
- Use Refunder.ai: Our AI-powered tool can help you build a strong dispute case and guide you through the refund process step by step.
How to Cancel Affirm
To stop future charges, open the app or website, go to Settings, and remove any linked payment methods or cancel recurring payments. You may also need to revoke access through your bank.
After cancelling, monitor your bank statements for the next 1-2 billing cycles to make sure no additional AFFIRM *PAYMENT charges appear. Keep any cancellation confirmation emails or reference numbers as proof.
Protect Yourself from Unwanted Charges
To avoid unexpected charges in the future, consider these tips:
- Set calendar reminders before free trial periods end
- Use virtual credit card numbers for trial signups
- Regularly review your bank and credit card statements
- Keep a list of all your active subscriptions
- Use Refunder.ai to monitor and manage your recurring charges