Headquartered in Melbourne, Openpay Group (OPY) was a payments technology company offering a buy now, pay later (BNPL) product.
Openpay provided a payments platform that facilitates seamless, secure and swift payments between customers and merchants. The Openpay platform allowed customers to make in-store and online purchases, and effectively split the payment for these purchases into multiple repayments over time, while attracting no interest.
Openpay went into administration and ceased its operations to new customers in February 2023, but existing customers are still obligated to pay any outstanding balances in accordance with their agreement.