According to the press release, ezyVet is a in cloud-based practice management software for veterinary professionals who want to save time, grow their business, and deliver excellence in all aspects of veterinary care. Under the agreement, Openpay will be integrated as a payment option within the ezyVet vet practice management software, and ezyVet will introduce vet practice clients to Openpay. ezyVet has more than 2,000 practices globally, of which more than 1,200 are in the US, accounting for 25% of the veterinary cloud software market in the US.
Furthermore, the partnership will enable any of ezyVet's practices in the US and those in the UK to offer payment plans to pet owners seeking to spread the cost of their veterinary procedures and treatments.The ezyVet partnership signifies Openpay's first major US agreement and puts a substantial milestone marker in the second pillar of Opy USA's six pillar strategy – to grow at scale in the US via a wholesale merchant strategy and distribution model.
In addition, this agreement delivers upon Openpay UK's stated strategy to build upon its strong critical mass of customers in retail to drive into its specialised verticals of healthcare and automotive. The company's plans on the ezyVet platform are expected to be made available to consumers in the UK before the end of FY 2021 and in early FY 2022 in the US.
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