humm announces UK and Ireland partnerships with AeroCommerce, OneStepCheckout and Optty
humm, part of ASX-listed Humm Group Limited, today announces UK and Ireland partnerships with AeroCommerce, OneStepCheckout and Optty, following approval as an authorised provider of consumer credit by the Financial Conduct Authority.
humm’s partnerships with three leading e-commerce, checkout and payments platforms follows the announcement of the alternative credit provider partnering with THG earlier this year as part of a broader e-commerce focus in the UK.
With ambitious plans to acquire merchants ahead of a full consumer launch later this year, the latest partnerships will allow humm to be offered as a “plug and play” payment option to each platform’s client base – giving these merchants the ability to offer more choice to consumers. The partnerships will allow more e-commerce merchants to access humm’s product and offer up to £30,000 to their UK end-users, delivering unrivalled customer experience whilst reducing business costs.
In addition to the e-commerce partnerships, humm is building its presence in the automotive and healthcare space, with new partnerships including The Hybrid and Electric Vehicle Car Alliance (HEVRA) and Aerona Software.
As part of humm’s ongoing commitment to customer protection and responsible lending, all payment options require a credit check, with the first payment due in the initial month of purchase – providing security to the retailer, whilst helping customers get into a good repayment routine, aligned to their monthly pay cycle.
Humm UK and Ireland CEO, PJ Byrne said: ‘As we continue to grow our UK presence following FCA approval, we’re thrilled to be partnering with AeroCommerce, OneStepCheckout and Optty to maximise our merchant reach, improving the overall checkout experience for end-consumers.
We’ve seen a huge increase in demand for split-payment solutions, embedded directly into e-commerce platforms, bringing benefits of flexible credit directly to customers. This new raft of partnerships is the next step in our ambition to bring the credit market into the 21st Century, offering a range of credit solutions at different stages of customers’ lives.’