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.

Shares in FlexiGroup (ASX:FXL)

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.