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Zip Pay
Interest rate (p.a.)
Min. loan amount
Max. loan amount


Get a 0% interest line of credit with a flexible repayment schedule and without a credit card. But as with all buy now pay later services, watch your budget.

Zip Pay is a buy now pay later product offered by thousands of stores across Australia. With Zip Pay, you'll get a credit limit up to $1,000 and have the ability to pay later in regular interest-free instalments, no credit card required.

Zip's payment plans are flexible, allowing you to pay off your loan weekly, fortnightly or monthly, with a minimum monthly payment of $40.


  • Up to 60 days fee free repayments
  • Flexible repayment plans
  • Simple sign-up process


  • Late fees apply

In this guide

  • Review
  • Details
    • Product details
  • Your reviews
  • Ask a question


Product details

Product Name Zip Pay
Interest rate (p.a.) 0%
Interest rate type Fixed
Min. loan amount $350
Max. loan amount $1,000

How does Zip Pay work?

You can start using Zip Pay after going through the quick sign-up process. Once you’ve signed up and been approved, you can make purchases in two ways:

  • Online. Using the app you can find the store you want, add items to your cart and then pay using Zip at the checkout via a single-use Visa card.
  • In store. You can add a Zip card to Apple Pay or Google Pay to use Zip Pay at any contactless payment terminal. You can also sign in to your account and At any participating Zip Pay merchant, sign in to your account and select Zip Pay as the payment method during checkout.
  • For bills. You can pay any BPAY biller using Zip Pay.

Once you’ve made a purchase, you choose how you'd like to repay. You can choose a weekly, fortnightly or monthly repayment schedule. A minimum monthly payment of $40 is required.

To avoid the $9.95 monthly fee, you need to pay off your purchase by the end of the month you receive your statement. You'll receive your statement on the first day of the month following your purchase (which is why you get "up to 60 days" fee free). After this date, a $9.95 monthly fee will be added to your outstanding balance.

All payments are 100% interest-free and you can sign up for direct debit so payments are made automatically from your bank account or credit card according to the repayment schedule that you’ve chosen.
Need more than $1,000? Find out about Zip Money

Features of shopping with Zip Pay

  • Interest-free. Zip Pay doesn’t charge any interest on your transactions or outstanding balance. Instead you pay fees if you miss a payment, and a monthly account fee that you can avoid by paying off your purchases in full.
  • Low (and avoidable) fees. The $9.95 monthly fee applies only at the end of the following month from the date of your purchase. To avoid this fee, simply pay your purchase back in full before this date. A late fee of $5 applies if you do not make your minimum repayment within 21 days of the due date.
  • Credit limits. Zip Pay offers a credit limit between $350 and $1,000. When you apply, the strength of your application will determine your maximum credit limit. This is based on the information you provide.
  • Instant use. Once you’ve completed the quick sign-up process and are approved, your Zip Pay account is immediately available to you. To activate it, you just need to verify the SMS code, link a payment method and accept the T&Cs.
  • Available at thousands of stores across Australia. Zip Pay is available at thousands of stores across Australia. And with the Zip card in Apple Pay or Google Pay, you can shop just about everywhere.
  • Very flexible repayment plans. As long as you meet the minimum required $40 monthly repayment, you can set up repayments as you like. You can choose to pay off your loan weekly, fortnightly or monthly for any amount you choose.
  • Automatic deductions. You can set up a direct debit to automatically deduct repayments from your bank account or credit card according to the repayment schedule you’ve set up.
  • Tap to Pay. With your Zip account you can use your phone to tap and pay for everyday expenses like petrol or groceries. This feature can be used anywhere contactless transactions can be made.

How much will this cost?

Zip Pay doesn’t charge any interest on your balance. In addition, there are no establishment or annual fees.

  • Initial fee-free period. No fees are charged during your first billing cycle. The billing cycle runs from the day you’ve made the purchase until the end of the following month for a maximum duration of 60 days.
  • Minimum required $40 monthly repayment. Although this isn’t a fee, Zip Pay does require a $40 minimum monthly payment to be made towards your balance each month.
  • Monthly repayment for a limit more than $1,000. You will need to make a minimum repayment of $80 each month if your credit limit is over $1,000 with Zip Pay.
  • Monthly service fees. After the fee-free period, if you don’t pay your balance in full, you’ll be charged a flat $6 service fee on the first of every month that you have an outstanding balance.
  • Late fees. Zip Pay may charge a late fee of $5 when you’ve made no repayments for more than 21 days (not including the initial fee-free period).

Signing up with Zip Pay

To sign up for Zip Pay, you’ll need to meet the following criteria:

  • Be an Australian citizen or permanent resident
  • Have a valid and verifiable mobile phone number and email address
  • Be at least 18 years of age
  • Have a verified Facebook, PayPal or online banking account in your own name
  • Have a good credit history

Once you’ve signed up with your basic information, you’ll get a response within seconds, and after approval you can immediately begin shopping with Zip Pay.

Should you offer Zip Pay (for store owners)?

As a business owner, offering Zip Pay or any other interest-free payment service as an option at checkout can have a range of benefits and a few potential drawbacks.


  • Increased sales. You'll have access to Zip's customer base who appreciate the convenience of Zip Pay. And businesses that currently accept Zip have seen a 30%+ increase in sales volume.
  • Risk-free. Because Zip is covered for credit fraud, you're guaranteed payment after a transaction goes through from a customer.
  • Same-day settlement. Zip ensures that every transaction that has gone through your business by 4pm is settled and paid the same day.
  • No setup fees. There are no setup costs, ongoing account fees or lock-in contracts.


  • Transaction fees. You'll be charged a maximum of 30 cents per sale. The actual fee you'll be charged is dependent on Zip's assessment of your business.
  • Commission fees. You will be charged a merchant fee per sale. This will depend on the interest-free period you offer your customers. For example, if your merchant fee is 4%, for every $1,000 processed through Zip, you will receive $960.
  • Lower credit limit. Zip Pay has a lower credit limit than Zip Money or some other interest-free payment providers, so you won't be able to make sales over $1,000.

Have more questions about Zip Pay?

How safe is Zip Pay?

Zip Pay uses advanced Secure Socket Layer (SSL) encryption along with two-factor authentication on all purchases to protect your personal information and transactions.

How do I avoid fees?

Repay your purchase within the initial period (up to 60 days) to avoid the $6 monthly fee.

What's the difference between Zip Pay and Zip Money?

As mentioned above, Zip Pay has a credit limit of up to $1,000 and is always interest-free. Zip Money, on the other hand, is a line of credit for larger amounts of $1,000 and above. Zip Money offers customers a guaranteed 3 months interest-free and up to 36 months with some retailers.

How does the online account work?

You can sign into your Zip Pay shopping account to view transaction reports, adjust repayment schedules, make additional payments, modify payment information and more.

Full list of stores with Zip Pay


Ask a question

Ask a question

Elizabeth Finder

Lead Editor

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March 11, 2020

I bought something on Amazon that costs $30 and used Zippay but they charged me $40/month for that which is more than the item bought.


Nikki Angco

March 12, 2020

Hi Kady,

Thanks for contacting Finder and I hope you are well. I’m sorry to hear you were charged more than what you bought. It’s helpful to know that the minimum payment for Zippay is $40, this may be why your payment is $40. I suggest checking your Zippay account directly to see how you can pay for your item since it is below the minimum payment.

Hope this helps and feel free to reach out to us again for further assistance.



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September 25, 2019


I applied for a zip account and I added my credit card. A $1 payment was processed by Zip and then I was immediately told my application was unsuccessful. Why did they take the $1 before approving me? Will I get that $1 back?


Jeni Finder

September 27, 2019

Hi Christine,

Thank you for getting in touch with Finder.

Sorry to hear that your application was rejected. Kindly check your credit card completed transactions and check if there was $1 charged by Zip. If there was no account created, they shouldn’t charge you for the said amount. Kindly reach out Zip directly if it was charged successfully.

I hope this helps.

Thank you and have a wonderful day!



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August 08, 2019

How long do I get too pay it off if I don’t do it in the first month or the second or third month? Is there a limit on how many months you get too pay it off?


Jeni Finder

August 09, 2019

Hi Justin,

Thank you for getting in touch with Finder.

Please note that Zip Pay requires a $40 minimum monthly payment to be made towards your balance each month. I suggest that you contact Zip Pay when it comes to extended payment.

I hope this helps.

Thank you and have a wonderful day!



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May 20, 2019

can i pay my credit card bill via zippay?


Nikki Angco

May 21, 2019

Hi Muhamer,

Thanks for your inquiry!

You can pay bills from any biller that accepts BPAY payments with some exclusions such as vehicle registration, credit card bills, personal loans betting accounts and specific billers outside of our responsible lending guidelines.

Hope this was helpful. Don’t hesitate to message us back if you have more questions.

With care,


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May 02, 2019

Are you able to explain to me how to close my account if I decide too down the track




May 02, 2019

Hi Rick,

Thank for your inquiry.

You may need to contact Zip pay to request the closure of your account and provide your full name, DOB, and residential address. Please note that before you can close your account your outstanding balance must be $0.

I hope this information helps.

Kind regards,


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