Zip
zip.coSplit big payments into not-so-big ones.
Finance & Fintechbuy-now-pay-laterbnplinstallmentspaymentsconsumer-financemobile-app
About
Zip is a buy now, pay later (BNPL) platform that lets consumers split purchases into 4 installments over 6 weeks, both online and in-store. Users can pay via a virtual card in the Zip app browser or through a physical Zip Card at retail locations. Merchants can also partner with Zip to offer installment payments to their customers.
Problem
Large purchases are difficult to manage upfront, and consumers need a flexible way to spread payments over time without traditional credit.
For
consumers who want to split purchases into installments and merchants seeking flexible payment options
How it works
Users install the Zip app, create a virtual card or use a physical Zip Card, and pay for purchases in 4 bi-weekly installments over 6 weeks.
Business model
freemium
Status
launched
Company
Zip Co