FREQUENTLY ASKED QUESTIONS

Zip Pay is a simple interest-free payment option provided by Zip Co and accepted by thousands of shops and online vendors across Australia. Zip Pay lets you make purchases now and pay later, without the need of your credit cards.

Zip Pay lets you make purchases now and pay later, without the need for a credit card. Once you sign up and get approved, you'll have a credit limit of up to $1,000 and a shopping account. Using your account and credit limit, you can make purchases for which you then pay back in regular instalments.

Up to 60 days to pay with no extra charges. You have until the end of the month to pay off your balance for the account to remain free from any extra charges.

ZipPay and Afterpay are payment options that allow you to “buy now and pay later without interest”, which is similar to a lay-by. These aren't loans or credit cards, but these can affect your credit score and your chances of getting a home loan if you don't meet repayments at regular intervals.

What if my account line of credit does not cover the cost of the purchase? You will be prompted to make a co-payment before completing your purchase. The co-payment can be made using either a debit or credit card at the time of purchase. In-stores, you can do split payments.

In-store. At any participating Zip Pay merchant, sign in to your online Zip Pay account and select Zip Pay as the payment option during checkout.

You will approve for Zippay 1. Be a minimum of 18 years old. 2. Be a citizen of Australia or Permanent Resident. 3. Be employed in some capacity (Certain pensions may also be accepted - please contact us for further information) 4. Earn more than $300 per week. 5. Have a good credit history. 6. Have your own valid and verifiable email address and mobile number.

Head to 'Account Limit Increase' in the top menu option in your wallet to find out if you are eligible to apply for a limit increase. We are unfortunately not able to process your requests for a limit increase via phone or email so please refer to your wallet/app for further directions.

Zip Pay lets you make purchases now and pay later, without the need for your credit card. Once you sign up and get approved, you'll have a credit limit of up to $1,000 and a shopping account. Using your account and credit limit, you can make purchases which you then pay back in regular instalments.

You can also set your own payment amount, as long as you cover the monthly minimum of $40 (or less if the amount you owe is under $40). If you don't owe anything, of course, the scheduled installments won't run. Important: You can make additional payments at any time, and there are no early repayment fines at all.

Can I pay off my payment early? Yes, simply login to your ZipPay account and select 'Make an additional payment' option. This is a similar process as a normal additional repayment.

Although this isn't a fee, Zip Pay does require a $40 minimum monthly payment to be made towards your balance every month.

ZipPay gives customers a credit limit of up to 1,000 dollars. Unlike AfterPay, ZipPay allows its customers much more time to pay back what they've borrowed. They must also pay back at least 40 dollars each month. ZipPay is a good payment option for those customers who will need more time to gather up the money for their purchases.

: ZipPay. ZipPay, like AfterPay, is free of risk options for merchants. Customers make their transactions, you receive your money and pay the agreed-upon price, and the customers deal with the ZipPay method from thereon out.