Finder makes money from featured partners, but editorial opinions are our own.

Retailer guide to zipMoney and zipPay

zipMoney and zipPay are platforms that can help you increase sales by giving customers another way to pay.

It’s easier than ever to get those tricky customer conversions when your business offers an interest-free buy now pay later (BNPL) service such as zipMoney or zipPay.

Both zipMoney and zipPay allow customers to pay off the item that they’ve purchased over multiple instalments, which can mean more sales for your business. Over 35,000 businesses have partnered with Zip including Bunnings and Officeworks.

How does zipMoney and zipPay work for retailers?

You have to sign up with zipMoney or zipPay in order for your customers to take advantage of the service. However, signing up is easy.

Simply fill out the online form by entering your business and personal details. After you complete the form, a customer service representative will contact you to ensure that everything ran smoothly.

zipMoney works in-store and online, which ensures that no matter where your customers shop, they can benefit from your products and the convenience offered with zipMoney.

As a merchant, you get paid for each zipPay and zipMoney transaction at 4pm AEST each day for transactions that have been processed that day. As Zip owns both zipMoney and zipPay, it makes sense that the payments for merchants would be at the same time across both platforms.

How does zipMoney and zipPay integrate with my point of sale?

Zip offers support for 20 e-commerce platforms and 24 point-of-sale platforms (POS), including:

  • Shopify
  • WooCommerce
  • Magento 1
  • BigCommerce
  • Neto
  • Webninja
  • PrestaShop
  • Jetpack
  • Magento 2
  • Opencart
  • Salesforce Commerce Cloud
  • 3D Cart
  • Paydock
  • SiteSuite
  • Rocketspark
  • Pronto
  • Vend
  • IT Visions

If your sales platform isn't available, you can contact Zip's integration team to discuss your other options.

What potential benefits does Zip offer my business?

Some of the benefits that come with using zipMoney and zipPay include the following:

Increased sales It's easier than ever to convert store browsers into shoppers with interest-free payment solutions like zipPay and zipMoney.
Available for online, in-app and in-store purchasesWorried that your brick and mortar business won't be able to benefit from the joys of BNPL? Worry no more! zipMoney and zipPay can also be used in store as well as online. You can use it for both your physical and online business.
Risk-free for merchantsZip takes all the risk when it comes to transactions. It worries about credit and fraud risk whereas all you have to worry about is when your transaction gets approved since you're guaranteed payment after that.
Same-day settlementZip makes a point to have every transaction that has gone through your business settled by 4pm the same day. It deposits the money that's been collected directly to your bank account and then collects what is owed from your customers over time.
Name recognitionWith over 35,000 partnered stores using zipMoney around Australia, you're bound to benefit from the name recognition that is associated with ZipMoney.

How much will zipPay cost?

The following costs are associated with zipPay:

  • Up to 30c per sale (excluding GST). You'll pay a maximum of 30c per transaction, but the more of your customers that pay using Zip, the lower this fee will be.
  • Merchant fee. The merchant fee you need to pay will vary based on the interest-free period you offer customers.

There are no setup or integration fees, and no lock-in contracts when using Zip for your business.

What interest-free plans does Zip offer shoppers?

With zipMoney, customers pay back what they’ve bought various terms, the minimum being 3 months. Customers can be approved for amounts up to $5,000. The repayments are interest free during the initial period (indicated in your personal account) and the standard APR rate will be charged on any balance left over, as well as a $9.95 monthly fee if they don[t pay off their balance each month.

For customers opting to use zipPay, they can be approved for any amount up to $1,000 and have interest-free terms for up to 60 days. After the 60-day period ends, a $9.95 monthly fee applies to any outstanding balance.

Late fees and minimum repayments apply to both products.

How do I start offering zipMoney or zipPay at my store?

In order to offer zipMoney or zipPay to your customers, you must have a merchant account. Signing up for one is simple. All you need are the following details:

  • Your ABN
  • Your personal details, such as an email and a working mobile phone number
  • Your business details including total annual sales, address, contact number, as well as website and platform details
  • Your business director's name, address and contact details, as well as a form of ID
  • Your bank account information so Zip can deposit money into your account

Once you’ve sent in your application, you will get a reply within 24 hours. Once your account has been approved, you simply integrate zipPay or zipMoney with your point of sale system, and you are ready to offer customers access to Zip.

Frequently asked questions about zipMoney and zipPay


Written by

Alex Jeffs

Alex Jeffs is the senior publisher for automotive content at Finder. He has tested vehicles everywhere from Tasmania to Oodnadatta. See full profile

More guides on Finder

  • Buy now pay later statistics 2024

    BNPL adoption hit an all-time high in July 2022 (49%) and has dropped back down to usual levels since then.

  • PayPal Pay in 4 review

    PayPal Pay in 4 is a buy now pay later service available across thousands of retailers globally. Split your repayments into 4 equal instalments paid over 6 weeks.

  • LatitudePay

    LatitudePay is a buy now pay later solution that allows customers to spend up to $1,000 with selected retailers and spread the cost over 10 weeks.

  • Klarna

    Klarna has no interest or fees, and you can break your payments into four equal parts across nearly any online store.

  • humm

    Make paying for purchases more manageable with humm’s interest-free payment service.

  • ZipMoney vs Afterpay

    Not sure whether to shop with Afterpay or zipMoney? We compare both interest-free shopping platforms to help you decide.

  • Full list of stores that accept Zip Money

    Zip Money lets you shop interest-free at a range of participating retailers. Find out every retailer you can shop at with this innovative payments provider and exactly how to show with Zip Money.

  • Zip Pay

    With Zip Pay, you can get instant approval for a line of credit helping you to buy now and pay later. It is 100% interest-free and gives you complete control over how you make repayments. Find out exactly how it works.

  • Zip Money

    Make large purchases by paying less with a Zip Money line of credit offering flexible repayment options, a long interest-free window and thousands of merchants to choose from. Find out if it's right for you.

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

6 Responses

    Default Gravatar
    SteveMay 5, 2019

    Can I walk into a BCF store and pay with zipMoney?

      MaiMay 6, 2019Finder

      Hi Steve,

      Thank you for reaching out.

      It shows that BCF is accepting zip payments, so yes you should be able to walk in and use your zipMoney to take advantage of their buy now, pay later scheme.

      Hope this helps! 😊

      Kind Regards,

    Default Gravatar
    IonaMay 29, 2018

    Hi, if i use my zipmoney account for zippay will the purchase still be interest free until i pay it off? Zipmoney usually only has a set time of interest free but zippay is interest free forever just pay the account fee. Is it the same if its a zipmoney account used at checkout ir am i better getting a zippay account as well as my zipmoney?

      Default Gravatar
      NikkiMay 29, 2018

      Hi Iona,

      Thanks for reaching out to Finder.

      According to Zip, Zip Pay is an interest-free online shopping wallet with a credit limit of up to $1,500, offering you the ability to buy now and pay later, on your terms. Repayments start from as little as $10 a week. While, Zip Money is a line of credit with credit limits over $1,000.

      Every Zip Money purchase comes with a guaranteed interest-free period of 3 months, but merchants may offer longer interest-free terms according to your specific purchase.

      If you pay off your purchase within the interest-free period, you won’t pay any interest. After this period, a standard interest rate of 19.9% for new customers will apply to any remaining balance. Please check your contract for specific interest rate details, as these may vary according to the merchant you’re shopping with.

      Hope this was helpful.


    Default Gravatar
    ShaunMay 23, 2018

    Can I use zip money where zip pay is accepted

      Default Gravatar
      NikkiMay 23, 2018

      Hi Shaun!

      Thanks for getting in touch!

      Yes, you can use zip money to pay for purchases where zip pay is accepted.

      For any clarifications, feel free to message us again.

      Best regards,


Go to site