According to the press release, the offering will be available across Australia, with plans of also expanding to the UK soon. Purchases can be paid off in 6 instalments with 0% interest or fees (unless payments are late) as the costs are passed onto the merchant.
Moreover, aligned to EML's Acceleration Strategy, this partnership, launching in Q2 FY21, also provides infrastructure to the fintech industry such as EML Issuing, Processing, EMLControlPay (real-time transaction decision making), and the Pays (issuing, storing and usage of tokenised cards for payments).
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