Finance

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 with us, as long as you stay under your credit limit and make your minimum repayments each month.

Your personalised 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 work?

1. Find an item you love and select zipMoney at checkout.

2. Complete a quick application and get a decision in real-time.

3. Pay for your item with the funds in your new digital account. That’s it!

How long does the application process take? What is involved?

An 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, zipMoney will assess the information provided and determine whether to approve your account. Often zipMoney may email you if they require further information. > READ MORE

What happens after the application is approved?

If approved, zipMoney 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. You can now use your account to purchase anything from our online store.
> READ MORE

What is an interest free period?

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 zipMoney contract).
> READ MORE

How do I set up repayments?

Once you have made a purchase, you can set up your zipMoney repayments to fall monthly, fortnightly or weekly at whatever amount suits you (provided this is greater than the monthly minimum). zipMoney will automatically attempt to take those repayments so there is no need for you to make them.
> READ MORE

What if I make additional payments?

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.
> READ MORE

What if my payment fails?

If your payment fails, you can make the payment manually, or reschedule it to be re-processed in a few days time.
> READ MORE

How do I close my zipMoney account?

If you have paid off your account and don't need it anymore, and your balance is at $0.
contact zipMoney.