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Latitude Pay: Australia's Former BNPL Provider (2019-2023)
Latitude Pay was a Buy Now, Pay Later (BNPL) solution from Latitude Financial Services that operated in Australia and New Zealand before discontinuing its BNPL service. The brand was known for offering higher-value BNPL transactions compared to competitors in the market.
Latitude Pay was a Buy Now, Pay Later (BNPL) solution from Latitude Financial Services that operated in Australia and New Zealand before discontinuing its BNPL service. The brand was known for offering higher-value BNPL transactions compared to competitors in the market.
Legacy:
A former division of Latitude Financial Services, which evolved from GE Money, Latitude Pay contributed to the mainstream adoption of BNPL services in Australia, particularly in the higher-value purchase segment.
A former division of Latitude Financial Services, which evolved from GE Money, Latitude Pay contributed to the mainstream adoption of BNPL services in Australia, particularly in the higher-value purchase segment.
Key Features:
Split payments into 10 weekly installments
Zero interest on standard plans
Higher transaction limits than competitors
Integrated with major Australian retailers
Travel-specific BNPL options
Split payments into 10 weekly installments
Zero interest on standard plans
Higher transaction limits than competitors
Integrated with major Australian retailers
Travel-specific BNPL options
Market Impact:
Partnerships with major retailers like JB Hi-Fi, Harvey Norman
Pioneered higher-value BNPL transactions
Served Australian and New Zealand markets
Helped establish BNPL as a mainstream payment option
Partnerships with major retailers like JB Hi-Fi, Harvey Norman
Pioneered higher-value BNPL transactions
Served Australian and New Zealand markets
Helped establish BNPL as a mainstream payment option