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ZIP, FIRST AUSTRALIAN BNPL COMPANY TO BE ADDED TO PPRO’S DIGITAL PAYMENTS INFRASTRUCTURE

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Zip, which includes Zip Pay and Zip Money, becomes the first Australian BNPL method to be added to PPRO’s digital payments infrastructure and sits alongside other Australian local payment methods. PPRO merchants will soon have the ability to integrate buy now, pay later services from Australian provider Zip at the point of checkout.

With the new connection, Australian online shoppers may now use their preferred checkout method when they shop with PPRO’s global partners and their merchants.

“Australians are ahead of the curve when it comes to using alternative payment methods like instant bank transfers, digital wallets, and BNPL products to transact online. In fact, the popularity of BNPL continues to grow in the country, it will soon overtake credit and debit cards as a preferred payment method. The addition of Zip to our Australian payments mix enables us to better serve our PSP partners and their merchants, giving them greater access to Australian consumers and the country’s booming e-commerce sector.”
                                         Tristan Chiappini, VP and head of partnerships Apac at PPRO.

PPRO bought Alpha Fintech earlier this year in a deal that will increase its position in the Asia Pacific and provide it the ability to provide a plug-and-play orchestration layer that will allow its clients to integrate goods and services more quickly and at scale.

The partnership gives Zip access to PPRO’s ecosystem of cross-border payment service providers and merchants. Zip is looking for a buyer for its UK division and recently scrapped a proposal to acquire US-based Sezzle.

“This exciting new alliance will allow us to globally scale our partner ecosystem by supporting our core markets, and better manage our partner onboarding process.”
                                                             Tommy Mermelshtayn, chief strategy officer at Zip.
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