Zip - BETA
This payment method is currently available in beta testing program. Please reach out to your Airwallex account manager or support@airwallex.com if you'd like to join the beta.
Gain access to shoppers through Zip
Zip offers one of the leading buy now, pay later (BNPL) services in Australia through their Zip Pay and Zip Money products. As of June 2021, Zip is the second most popular BNPL provider in Australia with a 23.6% market share according to IBISWorld.
With Zip, consumers have the flexibility to customize their repayment schedule - from weekly, two-weekly, or monthly payments. After consumers select the Zip payment method, they are redirected to Zip’s website to sign into their Zip account.
Functionalities and value-added features supported
| Features | Zip |
|---|---|
| Payment type | BNPL |
| Merchant supported countries/regions | AU, SG, HK, EU, UK, US |
| Shopper supported countries/regions | AU |
| Processing currencies | AUD |
| Settlement currencies | AUD |
| Minimum transaction amount | 1.00 AUD |
| Maximum transaction amount | Zip Pay: 1,000 AUD Zip Money: AUD 50,000 AUD The approved credit limit depends on the shopper's eligibility. |
| Session timeout | 168 hours 20 minutes |
| Recurring Payment | ⛔ |
| Refunds | ✅ |
| Partial Refunds | ✅ |
| Disputes/Chargeback | ✅ |
| Settlement threshold | - |
| Settlement frequency | Daily |
Choose the integration method that best suits your needs
Airwallex has built a range of client-side integration methods that allow you to manage your UI, minimize your implementation effort, and allow you to get to market quickly. Please refer to Payment methods overview If you integrate with Airwallex Native API , you can find additional instructions specific to the payment method in the subpages of this document.