APEXX Global launches buy now pay later (BNPL) aggregator which will help merchants offer consumers various payment solutions to their customers.
APEXX’s new aggregator will allow merchants to access multiple BNPL solutions that have signed up to the product, or other APEXX services, through one consolidated API. In turn, consumers will be able to choose from a wide range of BNPL options and select the most flexible plan that helps them manage their finances.
The FinTech is partnering with a host of BNPLs globally and as of now Openpay, Afterpay, a business unit within Arvato Financial Solutions, ClearPay/AfterPay, Tabby, and Zip.Co have signed up. The initial sign-ups will provide financing options for consumers across Europe, the United States, Canada, Australia, New Zealand, the United Arab Emirates, Saudi Arabia, South Africa and Mexico.
Apexx links acquirers, gateways, shopping carts, alternative payments methods and now BNPL products into a single API, aiding merchants to offer many more consumer payment options.
Commenting on the new launch, Apexx managing director and co-founder Rodney Bain said, “The Aggregator will be able to help consumers manage their finances whilst enabling merchants improve their e-commerce offerings by accessing the widest available global range of BNPL providers.
“With the increased popularity of BNPLs, it’s important to ensure that consumers are being protected and offered responsible lending that they can afford to repay. Our independent, partner-agnostic, and integrated solution supports that objective.”
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