News

NEW YORK, NY — February 5, 2026 — Zip (ASX: ZIP), the digital financial services company offering innovative, people-centered products for underestimated Americans, today announced the launch of Pay in 2¹, a new payment option that allows consumers to split a purchase into two installments paid over two weeks.

Pay in 2 offers customers more control and flexibility to choose the payment plan that works best for them, making everyday purchases more manageable. While Zip’s Pay in 4 offering has helped millions of customers manage larger purchases over six weeks, Pay in 2 is designed to help manage cash flow and everyday spending within a single billing cycle.

“Pay in 2 feels manageable and intentional, fitting naturally between paychecks,” said Destiny Modeste, a Zip customer. “It wraps up quickly, before it becomes something I have to track, which makes those everyday moments feel genuinely stress-free.”²

The launch of Pay in 2 follows a recent pilot that highlighted strong demand for a shorter installment option designed for everyday spending. Notably, 95% of surveyed participants said they would use Pay in 2 again, with future use centered on everyday needs like groceries and bills.³

"We are constantly listening to our customers to understand how they want to pay and are committed to empowering them with alternatives to traditional high-interest credit products," said Joe Heck, US CEO at Zip. "Pay in 2 offers the flexibility to bridge the time between paychecks for smaller, recurring purchases without the commitment of a longer installment plan."

Zip is introducing a limited-time incentive for early adopters. From February 9 through February 15, the first 100 customers per day to successfully start a purchase using Pay in 2 will receive one year of no origination fees on every subsequent Pay in 2 order. Terms and conditions apply.

About Zip

Zip Co Limited (ACN 139 546 428) (ASX: ZIP) is a digital financial services company, offering innovative and people-centred products. Operating in two core markets - Australia and New Zealand (ANZ) and the United States (US), Zip offers access to point-of-sale credit and digital payment services, connecting millions of customers with its global network of tens of thousands of merchants.

Founded in Australia in 2013, Zip provides flexible and transparent payment options, helping customers to take control of their financial future and helping merchants to grow their businesses.

For more information, visit: www.zip.co

Loans through Zip are originated by WebBank

Zip Empowers Customers With Flexibility and Control This Holiday Season

Zip Co (ASX: ZIP), the digital financial services company offering innovative, people-centred products, safely processed approximately 1.6m transactions at over 280,000 locations across the Group over the 2025 Black Friday and Cyber Monday (BFCM) weekend.

United States

Customers continue to primarily use Zip for non-discretionary purchases, providing them with the confidence to manage their holiday spend flexibly.

• What customers are spending on: The most popular categories for Zip customers were groceries, online marketplaces, tech and electronics, and fashion. The fastest growing categories were service stations and convenience stores, automotive, beauty, restaurants and groceries.
• Who’s using Zip: Millennials accounted for 51% of transactions, followed by Gen Z, Gen X, and Boomers with growth exhibited across all customer cohorts.
• Where customers are spending: In-store payments accounted for 28% of total US orders, up from 22% over the 2024 BFCM weekend, demonstrating that brick-and-mortar retail continues to remain popular with customers.
• Peak shopping moments: The peak shopping day was Black Friday with the peak hour of activity between 2pm - 3pm and the peak minute of activity between 2.23pm - 2.24pm. The afternoon (between 1pm - 5pm) saw the greatest activity across the 2025 BFCM weekend. Zip saw the strongest year-on-year growth across daytime users (from 11am - 8pm), with growth across all time periods.

Australia and New Zealand

Customers are increasingly using Zip’s digital Visa card proposition for both online and in-store purchases, particularly for everyday spend. This resulted in our customers transacting at more locations this BFCM weekend than ever.

• What customers are spending on: The most popular categories for Zip customers were everyday spend categories (such as groceries, service stations and bills), as well as more traditional BFCM spend categories online marketplaces, electronics and department stores. The fastest growing categories were digital goods such as games and applications.
• Who’s using Zip: Millennials accounted for 44% of transactions, followed by Gen Z, Gen X and Boomers with growth exhibited across all customer cohorts.
• Where customers are spending: In-store purchases accounted for almost half of transactions, reinforcing customers’ continued demand for omnichannel products and experiences.
• Peak shopping moments: The peak minute of transacting was recorded on Black Friday between 9.40pm - 9.41pm, with the peak shopping day being Black Friday. The afternoon (between 1pm - 5pm) saw the greatest activity across the 2025 BFCM weekend, with year-on-year growth exhibited across all time periods but particularly across early morning users (pre 7am).

ENDS

Media Contact

For any media enquiries, please contact:

• US enquiries: press@zip.co
• ANZ enquiries: media.relations@zip.co

About Zip

Zip Co Limited (ACN 139 546 428) (ASX: ZIP) is a digital financial services company, offering innovative and people-centred products. Operating in two core markets - Australia and New Zealand (ANZ) and the United States (US), Zip offers access to point-of-sale credit and digital payment services, connecting millions of customers with its global network of tens of thousands of merchants.

Founded in Australia in 2013, Zip provides fair, flexible and transparent payment options, helping customers to take control of their financial future and helping merchants to grow their businesses.

For more information, visit: http://www.zip.co. US loans through the Zip app and Zip Checkout are originated by WebBank.

Disclaimer All data presented are unaudited and subject to adjustment. In the US, data reflects Friday, November 28 2025, 12.00am ET to Monday, December 1 2025, 11.59pm ET. In ANZ, data reflects Friday, November 28 2025, 12.00am AEDT to Monday, December 1 2025, 11.59pm AEDT.

Zip Co Limited (“Zip”) provides the following statement in response to an inquiry from State Attorneys General offices dated December 1, 2025:

Attributable to a Zip spokesperson:

"The BNPL industry in the US, including Zip, received an inquiry from State Attorneys General offices. We are assessing the voluntary request. Zip continues to operate in the US consistent with the CFPB's interpretive rule on BNPL despite the rule's rescission, and supports fit-for-purpose regulation that protects consumers and fosters innovation."

Integration strengthens Zip’s reach and enhances its position as a flexible and accessible option within one of the world’s largest payment networks

New York, NY - Zip (ASX: ZIP), the digital financial services company offering innovative, people-centered products for everyday Americans, today announced the next evolution of its partnership with Stripe, the programmable financial services business. Zip is now available through Stripe’s optimized checkout interfaces, including Elements, Checkout, and Payment Links, empowering US merchants to drive incremental sales while engaging with a broader, financially underestimated customer segment. With a no-code setup, merchants can easily enable Zip directly from their Stripe Dashboard, streamlining integration and enabling Zip’s pay in installments payment method in their Stripe checkout experience.

Merchants can support BNPL with confidence

Zip designs innovative financial solutions with everyday people in mind, and as a result, offers a best-in-class decisioning engine and Payment Experience. The non-payment risk associated with shopper installments is assumed through Zip, so its merchant partners receive full payment upfront. It’s a model that unlocks new revenue while safeguarding margins, empowering merchants to serve confidently.

Key benefits for merchants include:

• Seamless activation – Enable Zip in seconds directly through the Stripe Dashboard.
• Expanded reach – Connect with high-intent shoppers who may have been overlooked by traditional financial services and other BNPL providers
• Conversion uplift – Offer a trusted BNPL option that boosts order values and reduces cart abandonment.
• Full payment upfront – Receive full payment while Zip manages customer repayments.

“Through our expanded partnership with Stripe, we are accelerating Zip’s US growth by making flexible payments available to more merchants and customers than ever before,” said Joe Heck, U.S. CEO of Zip. “This integration showcases the strength of Zip’s offering and reinforces our commitment to building solutions that scale.” The Zip integration is now available to Stripe merchants in the US, supporting transactions in USD. Compliance, branding, and fraud protections are aligned with both Stripe and Zip standards to ensure a safe and seamless experience.

See more here: https://stripe.com/payment-method/zip.

About Zip:

Zip Co Limited (ACN 139 546 428) (ASX: ZIP) is a digital financial services company, offering innovative and people-centered products. Operating in two core markets - Australia and New Zealand (ANZ) and the United States (US), Zip offers access to point-of-sale credit and digital payment services, connecting millions of customers with its global network of tens of thousands of merchants.

Founded in Australia in 2013, Zip provides fair, flexible and transparent payment options, helping customers to take control of their financial future and helping merchants to grow their businesses.

For more information, visit: www.zip.co

Eligibility criteria apply. See payment terms: [Zip Loan Terms of Service | Zip](https://zip.co/us/quadpay-terms-of-service). Loans through in the United States Zip are originated by WebBank.