‘Buy Now, Pay Smarter’ company Openpay has partnered with Till Payments, a world leading end-to-end payments solution provider, to offer the flexibility of buy-now-pay-later (BNPL) to more consumers and merchants across Australia and New Zealand.
The partnership will enhance the online shopping experience of more consumers across the region by introducing Openpay’s BNPL option at the point of sale. The seamless online experience will allow consumers to pay for goods and services with Openpay on any channel, with any device, at any time through Till’s all-in-one unified commerce solutions.
In 2020, BNPL services attracted approximately 6 million active users in Australia and the sector continues to experience rapid growth.
Chris Hicks, Chief Revenue Officer at Till Payments, said BNPL options presents an opportunity for businesses to improve their customers’ experience and the partnership would enable Till to optimise outcomes for merchants.
“Consumers have increasingly embraced BNPL as a new way to pay, and we’re very pleased to be partnering with Openpay to provide more flexibility to consumers in how they pay for their goods and services,” Mr Hicks said.
“Our core focus is supporting our merchants to build their business and grow customer loyalty with more efficient and simple payments solutions. By integrating Openpay’s BNPL option into our payments solution, our merchants are able to provide a simple and seamless experience to their customers and keep them coming back time and again.” he continued.
Dion Appel, Chief Executive Officer, ANZ at Openpay, added, "This partnership with Till Payments plays an important role in our strategic direction towards scaling with payment aggregator services to enable greater access to Openpay for customers in Australia and New Zealand."
The joint solution is available now via Till and its resellers.