OWN IT NOW, PAY LATER WITH ZIP PAY
KOO Home Store has teamed up with Zip Pay to let you shop now and pay later for online purchases! Zip Pay is a simple, secure and convenient payment option that allows you to shop today and pay later for your online purchases.
Shop better, faster and smarter online with Zip Pay!
Why use Zip Pay?
- Full payment flexibility
- Nothing to pay today
- Sign up instantly
HOW ZIP PAY WORKS
- Simply select Zip Pay at the checkout.
- Create or sign into your account in seconds and confirm your purchase. 3. Order is processed by our fulfilment centres and delivered to you.
- Log into your Zip Pay account to set up repayments - full payment flexibility to suit your lifestyle!
Creating your very own Zip Pay account is simple! Select Zip Pay at checkout or get pre-approved now. All that is required is your social media account (we won’t post to your account) and to confirm the details that you would normally enter when shopping online (e.g. name, email, mobile, DOB and gender).
Subject to approval, this process takes only seconds after, which allows you to complete your purchase and pay for it when it suits you!
Once you’re approved for your Zip Pay shopping account, you can continue to reuse it as much as you like.
Any Australian citizen or permanent resident who is 18 years or older may be eligible for a Zip Pay account.
At the end of every month, you can choose to pay off your balance in full, or simply make a payment that suits your budget (note: there is a minimum repayment of $40 per month required). Minimum monthly repayments are required. A monthly account fee of $7.95 applies. Pay your closing balance in full by the due date each month and Zip will waive the fee. Available to approved applicants only. Terms and conditions apply.
There is no establishment fee to setup your account and it is interest free! If you have repaid your balance down to $0 by your
When a customer applies for an account they are allocated a limit up to $1,000. The customer’s limit is automatically assigned at account creation and determined by Zip Pay's risk and credit lending policy. Account limits available to customers are $250, $500 and $1000.
All Zip Pay customers are eligible for a limit increase after three months of activity on the account, up to a maximum of $1000. A good repayment history would be beneficial to a limit increase assessment.
The minimum payment required each month is $40 (or balance outstanding, if less than $40), however you can set your repayments higher if you wish to pay the purchase off quicker.
To ensure you never miss a payment, you can setup a direct debit to automatically make repayments. This can be set to run for as much as you like and as frequently as you like (as long as you pay at least the minimum of $40/month, or balance outstanding).
Alternatively, a one-off payment can be made at anytime by simply logging into your Zip Pay Digital Wallet and selecting 'Make a Payment'. Payments can be made online by debit card, credit card or BPAY.
A statement at the start of each month, outlining any transactions made and balance owing, will be sent to you. You will have until the end of the next month to pay off your purchases in full with no fees*. No interest will be charged.
*$7.95 service fee may apply if purchases not paid in full by scheduled due date.
In this instance, you will be prompted to make a co-payment before completing the purchase. A debit or credit card can be used to make the co-payment at the time of the purchase.
A monthly service fee of $7.95 applies. This fee is waived if the balance is paid by the due date. No balance. No fees.
Gift cards cannot be purchased with Zip Pay.