Zip offers three types of customer accounts to suit different spending needs. As a merchant, it’s helpful to understand how each one works so you can better support your customers at checkout.
| Product | Zip Pay | Zip Plus | Zip Money |
| Best for: | For your everyday, interest free. up to $1K to spend instantly once approved. | For your everyday, plus more. Up to $8K, interest free when your end of month balance is below $1,500. | For life's next step. Apply today up to $5K or $50K through our partnered merchants. |
| Key features: | Interest free always Spend everywhere Visa is accepted Flexible repayments from $10/week | Interest free when your owing balance at the end of each month is under $1,500. And a low rate of 12.95% p.a when it's over. Spend everywhere Visa is accepted Flexible repayments from $20/week | Up to 5 years interest free terms available at select Zip partners, and an interest rate of 25.9% p.a thereafter. Over 60,000 partnered merchants Flexible repayments from $10/week |
| Fees: | $9.95/month No establishment fee | $9.95/month No establishment fee | $9.95/month Establishment fee up to $99 |
Supporting Your Customers
When a customer chooses to pay with Zip, they’ll use one of these account types depending on their eligibility and the size of their purchase.
You don’t need to manage the account type — Zip automatically processes the payment through the right product.
If a customer has questions about their Zip account or eligibility, please direct them to Zip Customer Experience, as the Merchant Team is unable to assist with personal account enquiries.