Pay Later with zipMoney
Pay Later with zipMoney – Learn more about zipMoney
*Please note if you are purchasing Gift Vouchers or Sale Items with ZipMoney you will be charged a 5% surcharge at the checkout.
The smarter way to pay for life’s larger purchases over time, on your terms
Step one
Find an item you love and select zipMoney at checkout.
Step two
Complete a quick application and get a decision in real-time.
Step three
Pay for your item with the funds in your new digital account.
That’s it!
Enjoy your new purchase and pay us over time, on your terms.
What is zipMoney?
zipMoney is a simple, convenient and flexible payment option that allows you to buy now and pay later with no credit card required.
Once signed up, you can make as many purchases as you like at any of our partner stores, as long as you stay under your credit limit and make your minimum repayments each month.
Your personalized zipMoney account puts you in direct control of your online spending, enabling you to purchase or repay as much and as often as you like!
How does it all work?
1. Interest free period (more here)
Your interest free period refers to the length of time for which your purchase will not incur interest. After this period, your outstanding balance will accumulate interest at the standard annual rate (outlined in your contract).
2. Application Process (more here)
Our online application process takes less than 3 minutes. You simply choose the appropriate credit limit, input your residential, employment and financial information, and verify your identity through an SMS code. You need to have your own email address and mobile phone number in order to complete an application. After submitting your application, the Underwriting Team will assess the information provided and determine whether we are able to proceed with your account. Often we may email you if we require further information!
3. Registering your account (more here)
If approved, we will send an activation link to your email address. The activation step will detail your contract, and requires you to provide your payment details for your regular direct debit payment.
4. Making a purchase (more here)
You can now manage and use your account at any zipMoney affiliated merchant both online and in-store! See our stores page for a list of current retailers.
5. Set up repayments (more here)
Once you have made a purchase, you can set up your repayments to fall monthly, fortnightly or weekly at whatever amount suits you (provided this is greater than the monthly minimum). Please note that we only accept debit cards and payments via your bank account. We will automatically attempt to take those repayments so there is no need for you to make them.
6. Additional payments (more here)
You can also make additional payments whenever you like via card or BPay. However, please be aware that your scheduled payment will still process even if you make an additional one off payment!
7. Failed payments (more here)
If your payment fails, you can make the payment manually, or reschedule it to be re-processed in a few days time
8. Closing your account (more here)
If you have paid off your account and don’t need it anymore, please let us know. We are sad to see you go… 🙁 Remember – you won’t be charged anything to keep your account when your balance is at $0.00