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zipPay interest-free payments

Get a 100% interest-free line of credit with control over your repayments.

zipPay is a simple interest-free payment solution provided by zipMoney Payments and accepted by thousands of stores and online vendors across Australia. zipPay lets you make purchases now and pay later, without the need for a credit card. Once you sign up and get approved, you’ll have a line of credit up to $1,000 and a shopping account. Using your account and credit line, you can make purchases which you can pay back in regular instalments.

How does zipPay work?

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

  • Online. Select zipPay as your payment method during checkout.
  • In store. At any participating zipPay merchant, sign in to your zipPay account and select zipPay as the payment method during checkout.

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. If you want to avoid the $5 monthly fee, you need to pay off your purchase before the end of the following month from your date of purchase. After this date, a $5 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.

Not what you're after? Find out about zipMoney

Features of shopping with zipPay

  • 100% interest-free repayments. zipPay doesn’t charge any interest on your outstanding balance.
  • Low (and avoidable) fees. The $5 monthly fee applies only at the end of the following month from your date of your purchase. To avoid this fee, simply pay your purchase back in full before this date.
  • Quick and simple sign-up process. Simply visit zipPay’s sign-up page and use a valid Facebook or PayPal account to get set up.
  • Instant use. Once you’ve completed the quick sign-up process and are approved, your zipPay account is immediately available to you.
  • Borrow only what you need. Unlike personal loans where you may borrow too much or too little, with zipPay, you borrow only what you need. You’re also able to make co-payments on purchases if you have some cash you want to use for the purchase.
  • Available at thousands of stores across Australia. zipPay is available at thousands of stores across Australia.
  • 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.

How much will this cost?

zipPay 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, zipPay does require a $40 minimum monthly payment to be made towards your balance each month.
  • Monthly service fees. After the fee-free period, if you don’t pay your balance in full, you’ll be charged a flat $5 service fee on the first of every month that you have an outstanding balance.
  • Late fees. zipPay may charge a late fee of $5 when you’ve made no repayments for more than 30 days (not including the initial fee-free period).

How to sign up with zipPay

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

  • Be an Australian citizen or permanent resident
  • Be at least 18 years of age and able to enter into a legally binding contract
  • Have a valid and verifiable mobile phone number and email address
  • Have an Australian bank account or credit card
  • Have basic information about yourself as well as bank account or credit card details

To sign up, you can create an account using your Facebook or PayPal account information. Once you’ve signed up with your basic information, you’ll be given approval within seconds, after which you can immediately begin buying with zipPay.

Have more questions about zipPay?

How safe is zipPay?

zipPay 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?

Pay back your purchase within the initial 60-day period to avoid the $5 monthly fee.

How does the online account work?

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

Full list of stores with zipPay

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34 Responses

  1. Default Gravatar
    February 15, 2018

    Hi, I’m looking at a product that cost $1,400 and I’m a bit confused about the limit. They offer zipPay but all I can find is that the credit limit is $1000. Is this correct and will i have to put the extra $400 towards it? Or can I buy the product worth $1,400 all with zipPay? Thanks.

    • Staff
      RonFebruary 18, 2018Staff

      Hello Terry,

      Good day! Appreciate you contacting finder regarding your inquiry today.

      zipPay only has a maximum limit of $1,000 and can only acccommodate purchases up to that amount. Anything in excess of that should be directly paid by you. In your situation, the $400 extra must be paid separately.

      Hope this helps!

      All the best,

      Ron

  2. Default Gravatar
    LeannFebruary 7, 2018

    Hi, I was just wondering if it is possible to get a higher credit limit. We were approved for $250 initially. Does the credit limit increase at all or is that our limit forever?

    • Staff
      JoanneFebruary 9, 2018Staff

      Hi Leann,

      Thank you for visiting finder, we are a financial comparison website and general information service.

      Upon checking on Zippay’s support page, all customers are eligible for a credit limit increase after 6 months of activity on the account. A good repayment history would be beneficial to a credit limit increase assessment. To check the process on how this can be done, you may reach out to Zippay’s customer support.

      Hope this helps,
      Joanne

  3. Default Gravatar
    LouiseDecember 25, 2017

    Is there a credit limit with Zippay

    • Staff
      ArnoldDecember 28, 2017Staff

      Hi Louise,

      Thanks for your inquiry

      Yes, there is a credit limit with zipPay which is known as an Account Limit.

      Your Account Limit is the amount specified in the zipPay schedule or such other amount as zipPay may authorize. Any excess above your Account Limit shall be immediately repayable by you without the necessity for zipPay to demand repayment. Should your Account reach the Account Limit, you should not initiate and we may not authorize further Transactions on your Account.

      Hope this information helps

      Cheers,
      Arnold

  4. Default Gravatar
    KAEDecember 11, 2017

    How long are the repayment terms? All I can find is something that says 60 days. Does this mean all purchases have to be paid within that period?

    • Staff
      MayDecember 12, 2017Staff

      Hi Kae,

      Thank you for your inquiry.

      With zipPay, you’ll never have to pay for your purchases immediately. So long you meet the minimum required $40 monthly repayment, you can set up repayments as you like. You have the option to pay off your loan weekly, fortnightly, or monthly for any amount you choose.

      Cheers,
      May

  5. Default Gravatar
    PintuOctober 31, 2017

    Dear zippay,
    I’m an international student, should i apply for it?

    • Staff
      ArnoldNovember 1, 2017Staff

      Hi Pintu,

      Thanks for your inquiry

      Before applying, Please note the minimum requirements for this account
      - Must be an Australian citizen or permanent resident
      - Must be 18 years or older
      - A good credit history
      - Phone number
      - Social account.

      Hope this information helps

      Cheers,
      Arnold

  6. Default Gravatar
    ClarisseOctober 23, 2017

    Does zippay will get the money direct debit on my schedule payment?

    • Staff
      LouOctober 23, 2017Staff

      Hi Clarisse,

      Thanks for your question.

      With zipPay, payments are taken automatically done via direct debit, either on the last day of the month or however you set up your schedule in the wallet.

      Cheers,
      Anndy

  7. Default Gravatar
    DarleneOctober 21, 2017

    Do I have to pay any money up front for my first purchase or can I buy and star to pay a week later

    • Staff
      ArnoldOctober 21, 2017Staff

      Hi Darlene,

      Thanks for your inquiry.

      You don’t have to pay anything upfront. You’ll have a line of credit up to $1,000 and a shopping account.

      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. If you want to avoid the $5 monthly fee, you need to pay off your purchase before the end of the following month from your date of purchase. After this date, a $5 monthly fee will be added to your outstanding balance.

      Hope this information helps

      Cheers,
      Arnold

  8. Default Gravatar
    AlinaOctober 12, 2017

    Hi there, is that for international student or need to be PR and citizens?

    • Default Gravatar
      JonathanOctober 12, 2017

      Hello Alina,

      Thank you for your inquiry.

      The minimum requirements are any Australian citizen or permanent resident, who is 18 years or older is eligible for a zipPay application. A good credit history is beneficial and you need to apply with your own phone number and social account.

      Hope this helps.

      Cheers,
      Jonathan

  9. Default Gravatar
    DaleAugust 10, 2017

    How do i pay my electricity bill with my zip pay money?

    • Staff
      RenchAugust 10, 2017Staff

      Hi Dale,

      Thanks for your inquiry.

      zipPay is a simple interest-free payment solution provided by zipMoney Payments and accepted by thousands of stores and online vendors across Australia.

      zipPay is usually available in online stores. You may select zipPay as your payment method during checkout. It depends if there’s a zipPay option when you pay your bills online. If there’s no zipPay option, it means that it’s not available.

      Cheers,
      Rench

  10. Default Gravatar
    August 7, 2017

    Are pensioners accepted?, I receive $900 per fortnight and savings

    • Default Gravatar
      JonathanAugust 8, 2017

      Hello Maggs1,

      Thank you for your inquiry.

      These are the minimum application requirements as per their FAQ page:

      – Any Australian citizen or permanent resident,
      – who is 18 years or older is eligible for a zipPay application.
      – A good credit history is beneficial
      – and you need to apply with your own phone number and social account

      You can contact zipPay for further information.

      Hope this helps.

      Cheers,
      Jonathan

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