Openpay partners with Till Payments to provide increased flexibility for online shoppers
SYDNEY, AUSTRALIA – 26 October 2021 – ‘Buy Now, Pay Smarter’ company Openpay has partnered with Till Payments (Till), 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.
For further information, please contact:
Openpay Group Ltd (ASX: OPY) is a fast-growing and highly differentiated player in the global ‘Buy now pay later’ (BNPL) payment solutions market. The Company’s strong platform enables it to deliver the most flexible plans in the market with durations of 2–24 months and values of up to $20,000.
Openpay focuses on industries where it can make a true difference: Automotive, Healthcare, Home Improvement, Memberships and Education; and its target customers are finance-savvy and of an older demographic who use Openpay plans as a cashflow management tool.
Openpay also has a unique B2B offering, OpyPro (formerly Openpay for Business), a SaaS-based platform that allows companies to manage trade accounts end-to-end, including applications, credit checks, approvals and account management in the one system.
Openpay provides services to Customers and Merchants in Australia, New Zealand, the UK and entered the US market, under the brand name Opy, in December 2020.
About Till Payments
Till is the fast-moving, Aussie-born, global fintech disruptor opening up a world of possibilities for businesses seeking simple, seamless, all-in-one payments. We take the complexity out of getting paid with single-source solutions that ensure merchants can accept any payment wherever and whenever their customers shop, be it online, in-store, or a combination of both.
Organisations across a range of sectors, including FMCG, automotive, parking & transit, retail and hospitality, use our end-to-end smart and seamless payments experiences to support growth and enhance customer experiences.
Founded in 2012, Till’s team of 125 staff is rapidly growing and headquartered in Australia, with teams in London, Manila and across the US. Till currently serves merchants across 12 countries and over 500 cities.