Oxipay, the popular consumer ‘Buy now, Pay later' payment solution powered by FlexiGroup New Zealand and its parent company FlexiGroup, has entered into a strategic trans-Tasman partnership with Australasia's largest payment processor, Payment Express.
The partnership will see Oxipay rolled out widely as a key digital wallet payment solution across thousands of online retailers and in-store retailers in Australia and New Zealand.
Uptake of the payment solution in the New Zealand market since launching less than a year ago has been rapid with customer numbers doubling every six weeks.
Payment Express Global Sales Director, Joel Martin, says joining forces with Oxipay supports the ongoing development of the digital wallet infrastructure, continuing Payment Express' key focus to support retailers as they look to offer customers flexibility with all important frictionless retail experiences.
Martin states, “This is a natural partnership driven by a shared vision for excellence in the payments eco-system.
“Payment Express remains at the forefront of innovation in the payments landscape and Oxipay is fast becoming a preferred payment method, giving consumers the choice to spread the cost of purchases across four simple fortnightly payments.
“This type of innovation enables the merchants we work with to not only meet consumer demand but importantly to grow sales.
“The pace of change within the payments landscape is unbelievable and customers are demanding more flexibility and choice. Oxipay is a clear leader of the ‘Buy now, Pay later' and interest-free offerings in the market."
FlexiGroup Group Head of Product, Jonathan Kelly, says Oxipay has concentrated growth plans in the next 12 months with a vision for the payment solution to be available at every check-out, in-store and online throughout Australasia.
Kelly states, “Partnering with Payment Express is a key milestone in the widespread roll-out of Oxipay.
“Availability is key to adoption and this partnership has the scale and reach for Oxipay to secure mass mainstream uptake."