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Bunnings Expands Finance Offers

Bunnings store and hammer 725 x 500

Bunnings is offering a new 'buy now, pay later' service to customers as a way to improve and expand its customer offering.

The home improvement retailer has partnered with OpenPay to offer flexible payment plans to customers in Australia, alongside its Zip Money and Zip Pay services, which provide credit facilities of between $250 and $30,000 to customers.

Larry Diamond, Zip CEO and MD, said “We are both thrilled and proud to partner with a truly historic Australian brand in Bunnings. We believe Zip will be a great fit for Bunnings, not only for life’s everyday necessities but also for those larger aspirational home improvements, providing their customers with a better way to pay, over time, interest-free.”

Managing Director of Bunnings, Michael Schneider, said: “We are always listening to our customers and team on ways we can provide a better experience.

“This type of payment method has been on the top of our customers’ wish lists, with more than 500 customers requesting a buy now, pay later option,”

“We are really excited to have Openpay available for our Australian customers from early December.”

Openpay’s Chief Revenue Officer, Dion Appel, said: “We are excited to extend our partnership with one of Australia’s largest businesses and leading brands in the home improvement space. This partnership supports our strategic growth plans for the Australian market, as we develop our offering and products to cater to consumers’ demands for smarter ways to pay,” Appel said.

Source : Insight DIY Team

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28 November 2018

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