Zip is a global payments company headquartered in Sydney, Australia. Founded in 2013, Zip is an ASX-listed (Z1P) pioneer in the buy now, pay later category.
* 80,000+ merchants
* 9.5 million customers
Just like Quadpay, Zip’s buy now, pay later payment platform enables you to split your online orders into 4 equal installment payments.* You pay 25% at checkout, and then 25% every two weeks, paying the order off over a period of 6 weeks, and making it easier for you to stay on track financially. Orders may be subject to platform fees and/or late fees. Please see this article.
For example, a $100 purchase would cost $26/payment over 4 installments, with a 4% APR for a total payment of $104.*
*See payment terms. A higher initial payment may be required for some consumers. CA resident loans made or arranged pursuant to a California Finance Lenders Law license.
* The annual percentage rate is based on creditworthiness and is subject to credit approval. A $4 origination fee is charged at commencement - you pay $1.00 of this fee as a prepaid finance charge when you make your initial payment today. The remaining $3.00 is included in your future payments. For the stated example of $100 borrowed, this results in 4 equal periodic payments of $26 for a rate of 4% APR. Minimum purchase of $35 required. Estimation of installment payment and annual percentage rate excludes potential tax and shipping costs. Zip Pay Anywhere financing through Zip issued by WebBank, member FDIC and subject to credit approval.