Kogan adds flexible payments through ZipPay

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Kogan adds flexible payments through ZipPay

Kogan has added an option for customers to pay for their purchases in instalments with the ZipPay digital wallet.

ZipPay, from Sydney-based digital retail and payments provider ZipMoney, allows customers to pay over an agreed period of time and is interest-free for purchases up to $1000.

"We are excited to partner with Zip to offer our customers more options and flexibility,” Kogan chief executive Ruslan Kogan said.

“Zip is an Aussie fintech pioneer. We chose Zip because we believe it will deliver an additional fair, transparent and convenient payment option for our customers."

ZipPay is now available as a payment option for customers, citing the proximity to the “seasonally strong” Christmas shopping months of November and December.

“This is a very significant transaction for the Zip business,” Zip chief executive Larry Diamond said.

“Kogan.com is synonymous with e-commerce in Australia and this partnership represents an important validation for Zip as we continue our mission to offer fair and transparent payment options to the Australian consumer, wherever and whenever they choose to shop”

Zip said Kogan was one of many merchants that had joined their platform “at record levels,” with “significant numbers” of small and medium businesses and large enterprises at the contract stage.

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