FlexiGroup signs new card partnership with Farmers

Company News

by Rachael Jones

Finance product company FlexiGroup (ASX:FXL) has signed a new product partnership with New Zealand’s largest department store chain, Farmers.

The launch of Farmers Mastercard, gives customers Apple Pay capability from day one.

This follows the introduction of a ‘buy now, pay later’ offering to Farmers customers, with Oxipay – flexigroup’s buy now, pay later product which is relaunching next month.

The new Farmers Mastercard is expected to support the continued growth of flexigroup’s New Zealand operations, which has seen new customer growth of 21% in the past six months.

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