{"id":1598,"date":"2026-01-24T01:02:54","date_gmt":"2026-01-23T23:02:54","guid":{"rendered":"https:\/\/digitalfinance.best\/?p=1598"},"modified":"2026-01-24T01:02:54","modified_gmt":"2026-01-23T23:02:54","slug":"anz-teams-up-with-visa-for-bnpl-service","status":"publish","type":"post","link":"https:\/\/smebanking.agency\/platform\/anz-teams-up-with-visa-for-bnpl-service\/","title":{"rendered":"ANZ teams up with Visa for BNPL service"},"content":{"rendered":"
<\/div>\n

ANZ Banking Group is set to launch a buy now pay later (BNPL) service through a partnership with Visa that will give credit card customers the option to pay for items in installments.<\/p>\n\n\n\n

The move will see ANZ join banks like the Commonwealth Bank which was the first major bank to launch its own service titled StepPay<\/a>, and Suncorp which recently announced plans to introduce its own BNPL service PayLater<\/a>.<\/p>\n\n\n\n

Westpac is expected to introduce the Visa Installments solution next year, which will be made available to customers shopping through a merchant payment provider, Quest Payment Systems.<\/p>\n\n\n\n

Customers will be able to make interest-free purchases online or in-store with the option to repay the balance up to 24 months after the purchase, depending on the terms of the repayment plan.<\/p>\n\n\n\n

Purchase history plus repayment information and balances can also be viewed through the ANZ mobile app.<\/p>\n\n\n\n

Visa first launched its BNPL offering as a pilot in 2019 before extending the solution to the US, Canada, Malaysia, and Russia.<\/p>\n\n\n\n

\n

ANZ is looking to provide customers with flexibility in how they manage their purchases. We know many of our customers will use this option for certain purchases, while choosing a standard credit card transaction for other items. Having that choice with no need for additional steps means they have a simple and secure feature through their existing card. We have partnered with Visa many times in the past and share a focus on building features that make customers\u2019 lives easier while maintaining high-security standards.<\/p>\nANZ head of cards and personal lending Mike Shurlin<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

ANZ Banking Group is set to launch a BNPL service through a partnership with Visa that will give credit card customers the option to pay for items in instalments.<\/p>\n","protected":false},"author":3,"featured_media":1599,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1598","post","type-post","status-publish","format-standard","has-post-thumbnail","category-other","pmpro-has-access"],"yoast_head":"\nANZ teams up with Visa for BNPL service - SME Banking Platform<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/smebanking.agency\/platform\/anz-teams-up-with-visa-for-bnpl-service\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ANZ teams up with Visa for BNPL service - 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