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Westpac NZ teams with BNPL player

Mortgage Business
Westpac NZ teams with BNPL player
By Sarah Simpkins
16 July 2021
A Westpac New Zealand subsidiary has entered a joint venture agreement with buy now, pay later provider humm group.
Westpac NZ’s venture capital firm Red Bird Ventures has entered the agreement to roll out humm’s product bundll to the New Zealand consumer finance market.
The arrangement will allow Red Bird the option to take an equity stake in bundll New Zealand.
The new partnership is the first contract under humm group’s global agreement with Mastercard, allowing the bundll product to be offered across the Mastercard network. ....

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Westpac NZ teams up with hummgroup to offer bundll

Date Time
Westpac NZ teams up with hummgroup to offer bundll
humm group limited (ASX: HUM) (“hummgroup”) has entered into a joint venture agreement with Red Bird Ventures Limited (“Red Bird”), a subsidiary of Westpac NZ, to bring buy-now-pay-later product bundll to the New Zealand consumer finance market. The arrangement will see Red Bird have the option to take an equity stake in bundll New Zealand.
The new partnership is the first contract under hummgroup’s strategic global agreement with Mastercard and will see bundll available to all New Zealanders, with preferential benefits offered to Westpac NZ customers.
Hummgroup’s Auckland-based Deputy Group Chief Executive Officer Chris Lamers said: ....

New Zealand , New Zealanders , Lewis Billinghurst , Richard Wormald , Red Bird , Chris Lamers , Red Bird Ventures Limited , Hummgroup Deputy Group , Digital Ventures , Division President , Mastercard Australasia , புதியது ஜீலாந்து , சிவப்பு பறவை , கிறிஸ் லமேற்ச் , டிஜிட்டல் முயற்சிகள் , பிரிவு ப்ரெஸிடெஂட் , மாஸ்டர்கார்டு ஆஸ்திரேலியா ,

iTWire - Australians seek more ways to pay, preferred payment method depends on the situation they are in: report

iTWire
Tuesday, 25 May 2021 11:03
Australians seek more ways to pay, preferred payment method depends on the situation they are in: report
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The migration of retailers and small businesses online has prompted Australian consumers to demand more multiple payment options, according to Mastercard’s latest study. However, the preferred payment method changes on their situation.
The preference of Australian consumers for seamless, convenient, and secure digital payment methods has continued to grow since the pandemic, driving retailers and small businesses to move online. The shift to a digital shopfront alongside bricks and mortar purchases has led consumers to demand multiple payment options as they embrace contactless payments and omnichannel commerce, according to the ....

Richard Wormald , Mastercard New Payments Index , Australia Forecast , Mastercard Australasia , ஆஸ்திரேலியா முன்னறிவிப்பு , மாஸ்டர்கார்டு ஆஸ்திரேலியா ,

How McCann 'Opened the Open' with Mastercard Virtual Fans at the 2021 Australian Open

How McCann 'Opened the Open' with Mastercard Virtual Fans at the 2021 Australian Open
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