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OxPay partners PaySlowSlow Singapore to provide payment gateway and merchant acquiring services

Khairani Afifi Noordin
Khairani Afifi Noordin12/16/2021 5:41 PM GMT+08  • 2 min read
OxPay partners PaySlowSlow Singapore to provide payment gateway and merchant acquiring services
All financial risks, including payment defaults, are borne by the BNPL brand and do not affect OxPay, the company said.
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OxPay Financial is partnering with Malaysia-based retail buy now pay later (BNPL) company PaySlowSlow Singapore to provide the brand with payment gateway and merchant acquiring services.

A subsidiary of ASX-listed Fatfish Group Ltd, PaySlowSlow allows retailers to offer their customers the option to pay in four equal installments over four months with 0% interest charged.

Launched in September, PaySlowSlow Singapore targets to roll out its services for consumers in 1Q2022, with 500 merchants and a monthly gross transaction value of approximately $1 million. This is expected to translate into additional processing volume for OxPay.

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