
ANZ and Quest Payment Systems to launch Visa (NYSE:V) Installments, bringing buy now, pay later financing to credit card customers
The Visa Installments Solution provides the underlying technology for issuers and acquirers in the Visa network to offer BNPL functionality to their customers
The Visa solution allows Australian shoppers to access BNPL financing via their existing ANZ credit cards, during checkout, and without extra steps
“There is overwhelming demand in Australia for BNPL financing through consumers’ existing, trusted financial institution,” said Julian Potter, Visa’s Group Country Manager for Australia, New Zealand, and South Pacific
Strategy: Our Algo sees Visa climbing to $320 in 2022. CFDs are priced at $22.98 per share