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 over a payment period of up to 6 months in the UK.
Following an initial payment at the time of purchase, customers can spread payments into equal monthly instalments over a payment period of up to 6 months. Customers can align future payments with their pay cycle, helping them to manage their finances more easily. Customers pay no interest, ever, and there are no hidden fees
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.
For more information about Openpay please visit: www.openpay.co.uk