What will my involvement be?

Involvement would be input via one on one video calls and potentially opportunities where a broader group of participants may come together to discuss particular topics.

Who can join OMAC?

We are looking for payments/treasury professionals and marketing professionals.

These professionals will work in collaboration with us to create a new breed of BNPL designed by merchants, for merchants.

Applications to join OMAC will be accepted from the following sectors:

  1. Energy
  2. Consumer Discretionary
  3. Consumer Staples
  4. Healthcare – including Dental, Vision, Elective Procedures and Vet care.
  5. Information Technologies
  6. Communications Services
  7. Utilities
  8. Real Estate

Why are we forming OMAC?

There is a tectonic shift underway in the US payment ecosystem. We believe merchants and retailers deserve more control and influence over payment pricing, operational requirements, rule setting, solution design and liability.

The BNPL payment solution offers an optimal platform upon which to build a better ecosystem. Partnering with an emerging non-bank fintech, without obligation to traditional payments providers, enables merchants and retailers to shape new products that truly meet their needs and the needs of their customers.

What is the Opy Merchant Advisory Council (OMAC)?

Buy Now Pay Later (BNPL) is a fast growing, emerging payment method in the United States. This new payment solution offers both potential advantages and challenges for retailers / merchants and their customers.

Our vision is to build a true partnership with merchants and retailers, allowing them to reclaim the payments component of their relationship with their customers, and helping achieve four objectives:

  • Drive top-line sales
  • Enhance customer lifetime value
  • Optimize the cost/value of using BNPL as a ‘better than card’ payment acceptance method
  • Drive consumer loyalty