shopping

Oxipay interest-free payments

Oxipay offers a way to shop now and pay later over four interest-free instalments.

Oxipay is a service that offers interest-free payments on items that you want to buy now and pay off over time. As long as you shop with its approved vendor list, which includes in-store and online, there is no limit as to what you can buy.

How does Oxipay work?

Oxipay is a simple way of paying for goods online. You shop with its approved vendors, start an account with Oxipay and then pay for your purchases in four instalments. The payments come out of your account fortnightly so you have two months to pay off your purchases.

Once you’ve opened an account with Oxipay and have been approved, you can shop with its vendors in store and online and find what you want with ease. After you make an Oxipay account, you just need to checkout with Oxipay and it will spread the cost of your purchase over the four fortnightly instalments. These will come out of your nominated bank account.

It’s important that, when checking out online, you select the option to pay the same day with Oxipay. If you decide to use your Oxipay in-store with one of its vendors, just mention at the checkout that you are using Oxipay for this transaction so that the cost of the item purchased will be spread out over the instalments.

Features of shopping with Oxipay

  • Interest-free payments. Oxipay offers interest-free payments across four fortnightly instalments, giving you a way to spread the cost of a purchase over an extended period without paying the interest that tends to come with other purchase methods, such as a credit card.
  • Fortnightly instalments. Oxipay schedules your payments fortnightly allowing you to budget.
  • Signup is fast. Signing up for Oxipay only takes a minute online.
  • Access to a variety of online and in-store vendors. With Oxipay having partnerships with brands online and in store, it’s easier than ever to get what you need.
  • No monthly or transaction fees. Worried that you will be charged sneaky fees? Oxipay charges zero monthly or transaction fees.
  • You can make additional repayments. If you want to pay off your purchase quicker, Oxipay allows users to make additional repayments at no extra cost.
  • Access the Oxipay portal to see how much you owe. Forgotten how many purchases you’ve made with Oxipay and wondering how much is left to pay off? Oxipay offers an online portal so you can see how much is left on the amount you owe. Through this portal, you can also make additional repayments which will help you pay off your purchases faster.
  • Credit details are secure. Oxipay has been approved by Visa and Mastercard and has invested in the latest credit card technologies in order to keep your details safe.

How much will this cost?

Oxipay offers no monthly or transaction fees with its accounts. There is also no interest charged on an Oxipay account, no annual fee and no account management fee. The payments that are deducted out of your nominated bank account are interest-free.

However, there is a late payment fee of $15 if Oxipay tries to deduct repayments from your account and it’s not available. There is an additional collection fee of $30 if Oxipay has to take steps to initiate collections.

How to sign up with Oxipay

Signing up with Oxipay will take less than a minute. All you need is:

  • To be over 18 years of age
  • To be an Australian citizen or permanent resident
  • To be capable of entering a legally binding agreement
  • A valid email address
  • A valid phone number
  • An Australian debit or credit card

Once you’re sure you meet all of the criteria you can sign up online. It’s important you have a valid email address and phone number as these are what get you into Oxipay’s online portal. This is where you see how much you owe on your remaining purchases.

Was this content helpful to you? No  Yes

Related Posts

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au 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, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.

2 Responses

  1. Default Gravatar
    JaneMay 1, 2018

    I made a purchase yesterday on oxipay but it all came out of my savings account ??? Hep

    • Staff
      NikkiMay 1, 2018Staff

      Hi Jane!

      Thanks for your message and for visiting finder – the leading comparison website & general information service built to give you advice in your buying decision needs. How are you doing today?

      Sorry to hear what happened to your savings account. As much as we would like to help out, please note that we’re a product comparison website and we hold no affiliation with any company we feature on our site. We provide general information on products to assist you in your buying decision process hence we cannot recommend product / service that is rightfully fit for you.

      We suggest to call your bank to check what happened to the money in your account as soon as possible. Hope you find an immediate resolve to this.

      Best Regards,
      Nikki

Ask a question
Go to site