Pace Enterprise (Pace), a fintech solutions provider, has announced an exclusive regional partnership with luxury goods and retail specialist, Valiram.
Through this partnership, Valiram’s brands in the region will offer Pace’s Buy Now Pay Later (BNPL) solution to all its customers, allowing them to split their purchases over 3 interest-free installments.
The partnership will extend Pace as an alternative payment option to over 20 international brands represented by Valiram in the region. The roll out will progressively extend to include more brands. Payment via Pace will be available upon checkout across all points-of-sale, including websites, mobile apps in Singapore, Malaysia, Thailand and Macau.
“We are indeed excited with this partnership which will allow us to extend a new flexible payment option to our customers. Through this partnership, the brands under our group will be able to unlock a new segment of consumers,” said Mukesh Valiram, Executive Director, Valiram.
Pace has collaborated with banking leaders OCBC and UOB in Singapore in helping to accelerate sales for merchants by creating access to new customer segments.
Beyond Valiram, Pace has also secured multiple local and regional merchant partnerships and remains committed to strengthening and expanding existing partnerships with OSIM, FJ Benjamin, and Wonderscape group.
“Our aim is to change the way consumers in Asia Pacific shop, and we are proud to be partnering with remarkable brands and institutions to serve a traditionally underserved segment of customers,” said Turochas “T” Fuad, Founder and CEO, Pace.