What is zipPay?

zipPay is a safe, simple and 100% interest-free account, offering you the ability to buy now and pay later, on your terms.

How does it work?

zipPay works like an account, and is available for purchases up to $1000.

For all purchases you make during a month you receive a statement with your closing balance on the 1st day of the following month. You have until the end of the month to pay off your balance for the account to remain fee free.

Here's an example: If you make your first purchase on the 1st of March for $59.95, you will receive a statement on the 1st of April with the closing balance of $59.95 (unless you made more purchases in March) which you need to pay off until the 30th of April in order to not have to pay the account fee of $5.

How can I apply?

You can apply here.

Subject to approval, sign-up takes only seconds, after which you can complete your purchase and pay for it later.

Once approved for your zipPay account, there's no need to apply again. You can continue to use your zipPay account anywhere that accepts zipPay.

You can also refer to the zipPay website here.

Zip is an Australian ASX listed company.