Why are we forming OMAC?

There is a tectonic shift underway in the US payment ecosystem; Merchants and retailers lack control or significant influence on pricing, operational requirements, rule setting, payment solution design and liability.

Partnering with an emerging non-bank fintech, with no obligation to traditional payments providers, enables merchants and retailers to shape new products to meet their needs and the needs of their customers. The BNPL installment payment solution offers an excellent, perhaps optimal, platform upon which to build this future, better ecosystem.