What is Zip?

Zip is a reusable account that lets your business buy now and pay later. You can shop online and instore up to your account limit, then set flexible repayments to suit you. There’s no deposit and every purchase comes with up to 60 days without interest or fees. Need more time to pay? No problem. Simply enable our Part Pay option to pay in a way that offers you an extension.

How does it work?
Apply and get a decision in minutes. Once approved, you can use your account anywhere Zip is accepted. You’ll have up to 60 days to pay interest free.

How do repayments work?
Payment is due 30 days after receiving your monthly statement. If you pay off your balance within this period, your account will not attract any interest or fees. However, if you need more time, you can enable our Part Pay feature. This extends the balance due date by one month and requires you to pay a portion of the due amount with a 2.5% fee being applied to the leftover balance.

You can make extra payments at any time, and there are no penalties for paying off your transactions early. Finally, if there’s nothing owing on your account, there’s nothing to pay and no fees. Your account simply remains active until you’re ready to make a purchase.

Please click here to find out further information about Zip.