The partnership - which has been operational for a year prior to today’s public announcement - will fuel the growth of the Buy Now, Pay Later (BNPL) offering, which serves to streamline and simplify how people pay, everywhere. Duncan Currie, Marqeta’s country manager for Australia and New Zealand, commented: “We’re proud to support a fast-growing Australian business that is changing the way people shop, and revolutionising payments at the point-of-sale. Our partnership with Zip shows off our product market fit in Australia and New Zealand, and how our platform can help innovators grow their customer base and capitalise on the expanding BNPL opportunity. The flexibility of Zip’s offerings is a testament to the power of modern card issuing, and we’re excited to support their global expansion.”

https://www.finextra.com/newsarticle/38799/marqeta-and-zip-announce-bnpl-partnership-in-australia