Buy Now, Pay Later

• zipMoney is a line of credit for larger purchases, generally valuing $1,000 or more.
  
  
• Customers enjoy a guaranteed 3 months interest-free period for all purchases, but the interest-free period may be extended up to 36 months by some retailers. (The interest-free period can vary by merchant and is confirmed with the user at the time of their purchase.)
  
  
• zipMoney repayments start from as little as $40/month, but are dependant on the credit limit. Repayments can be made monthly, fortnightly, or weekly. Customers can also made additional repayments at any time.

Customers:

• Small establishment fee based on credit limit, which zipMoney will confirm at time of application and contract.
• $4.95 monthly account fee while there is an outstanding balance.
•  Limit of $1,000 - $20,000 (subject to credit check and depending on what is offered by the merchant).

Merchants:

• Merchants pay a flat % fee per transaction.
• No setup fees, no monthly charges.
• Merchant service fee varies depending on trading volume and the length of the interest-free period .offered (for example, offering 6 months interest-free costs you less than offering 12 months).
• Minimum annual turnover of $500,000.
• Minimum trading history of 12 months.

• zipPay is an online shopping wallet of up to $1,000, always interest-free.
  
  
• First 60 days incur no fees.
  
  
• zipPay repayments start from as little as $40/month, and be made monthly, fortnightly, or weekly. Customers can also made additional repayments at any time.
  
  
• Funds are available for the customer to use across one transaction or many.

Customers:

• Monthly account fee of $5 accrues if there is money owing at the start of the month.
• Limit of either $250, $500, or $1,000 per customer (determined by zipPay).

Merchants:

• Merchants pay a flat (%) fee per transaction.
• No setup fees, no monthly charges.
• Merchant service fee varies depending on trading volume (contact zipPay for further details).
• No lock-in contracts.

• Afterpay offers fee-free, interest-free credit for purchases
  
  
• Instant approval
  
  
• Repayments are made over 4 equal, fortnightly installments

Customers:

• No fees are charged to shoppers, aside from late fees for missed repayments.
• No set credit limit. The amount a customer can spend is increased over time by Afterpay, once successful repayments have been demonstrated.

Merchants:

• Merchants pay a 4-6% fee per transaction.
• The percentage is set by Afterpay and is based on order volume and value. The more you sell through Afterpay, at increased value, the lower your % fee will be.