- Zip is partnering with eBay, the #1 most-visited online shopping site in Australia
- Zip’s buy now, pay later offering will be available for Aussie retailers on eBay including Country Road, Myer and Peter’s of Kensington
- Both Zip Pay (no interest ever) and Zip Money (up to 6 months interest free with eBay) will be available to use on eligible products for eBay’s millions of unique monthly visitors1
eBay Australia’s millions of unique monthly visitors1, who are eligible, will now be able to pay for their purchases in monthly instalments following a partnership with major buy now, pay later (BNPL) platform Zip Co.
On eBay, Aussies can buy new, refurbished and pre-loved items accessing Australian retailers from household names like Country Road, Myer and Peter’s of Kensington to pre-loved fashion from high-end designers like Louis Vuitton, Prada and Zimmermann.
Zip is now available on eBay, giving eligible customers up to $1,000 (interest free2) with Zip Pay and up to $5,000 (interest free for 6 months3) with Zip Money.
The pandemic drove shoppers to increase their online shopping as Aussies turned to eBay for household essentials, work from home equipment and collectibles. A July 2021 survey revealed that 59% of people who had used Zip in the last three months had also purchased from eBay in the last 12 months4.
“The connection between Zip users and their appetite to purchase from eBay is clearly there, so we’re very excited about this partnership,” said Zip’s Managing Director for ANZ, Cynthia Scott.
“Zip is passionate about helping Australians spend with confidence on the things that matter most to them, and this alliance gives eBay shoppers access to fairer and more flexible ways to pay at check out – whether it be for everyday items using Zip Pay or bigger ticket items with Zip Money,” said Cynthia.
“eBay is also the most-visited online marketplace in Australia, known for working with companies that offer the best solutions for their customers – so we’re proud to deliver on our strategy of partnering with some of the largest enterprise names in the country.”
eBay Australia’s Managing Director David Ramadge said, “Introducing Zip to our platform offers a new way for eBay’s millions of unique monthly visitors1 to shop and budget this Christmas.
“eBay exists to connect people and build communities to create economic opportunity for all which aligns with our latest payment partner Zip, a customer-focused and innovative Australian company.
“With the introduction of Zip Money, eBay customers can enjoy 6 months interest free for items like luxury handbags, high-value electronics like smartphones or even car parts. eBay is the home of great value for money – all in one, easy location.”
To celebrate the launch of Zip on eBay, eBay shoppers can get 15% off* millions of items with code XZIP15 when they checkout using Zip on eBay 10:00am AEDT on 17 November 2022 and ends on 11:59pm AEDT on 18 November 2022.
*T&Cs apply. 1 txn pp. Min spend $50. Max disc $300. Ends 18/11. Exclusions apply.
1Similarweb external data, 2021
2Interest free with Zip Pay: Minimum monthly repayments are required. A monthly account fee of $7.95 applies. This fee is waived each month you pay your statement closing balance, in full, by the due date. Available to approved applicants only and subject to completion of satisfactory credit check upon application.
3Interest free with Zip Money: Available to approved applicants only and subject to completion of satisfactory credit check. Minimum monthly repayments are required. Paying only the minimum monthly repayment amount will generally not repay out the purchase within the interest free period. A monthly account fee of $7.95 will also apply and a one-off establishment fee may apply for new customers. Any balance outstanding at the expiry of the interest free period will be charged at the standard variable rate, 21.9% per annum as at 1 July 2022 and is subject to change. A one-off
establishment fee may apply for new customers. Terms & Conditions apply and are available on application. See your contract for further details. Credit provided by ZipMoney Payments Pty Ltd (ABN 58 164 440 993), Australian Credit Licence Number 441878).
4‘’Zip Customers of Tomorrow Segment’, Hall & Partners, 2021