Are you looking for an alternative to ZipPay? If so, you’re in the right place. Here, we’ll take a look at some of the best ZipPay alternatives & competitors that you can use to make payments and buy products online.
ZipPay is an online payment platform that allows customers to pay for items in-store and online without needing to use their credit or debit cards. The platform does offer a range of benefits, but not everyone can take advantage of them, due to certain restrictions and eligibility criteria.
If you’re looking for something similar to ZipPay, there are plenty of options for you to consider. From online payment services to virtual debit cards, here are seven of the best ZipPay alternatives & competitors that you can use.
Best ZipPay Alternatives & Competitors
1. Afterpay
Afterpay is one of the most popular ZipPay alternatives & competitors. It works similarly to ZipPay, allowing customers to buy products in-store and online and pay them off in four equal installments. There are no interest or fees charged with Afterpay, and it’s available at thousands of stores worldwide.
2. Klarna
Klarna is a Swedish payment platform that allows you to buy products in-store and online and pay them off in four equal installments. Unlike ZipPay, there are no setup or monthly fees with Klarna and you can get approved for a line of credit up to $2,000.
3. Sezzle
Sezzle is another popular ZipPay alternative & competitor. It works similarly to ZipPay, allowing you to pay for purchases in four equal installments. The only difference is that you’ll have to pay an interest of 15% on purchases over $100.
4. Affirm
Affirm is another payment platform that works similarly to ZipPay. Customers can get approved for a line of credit up to $2,500 and then make payments in four equal installments. The only difference is that Affirm charges an interest rate of 10-30% depending on the purchase amount.
5. PayPal Credit
PayPal Credit is a virtual debit card from PayPal and is one of the best ZipPay alternatives & competitors. It works similarly to ZipPay, allowing customers to buy items in-store and online and pay them off in four equal installments. The only difference is that PayPal Credit charges an interest rate of 19.99%.
6. Certegy
Certegy is a buy now, pay later service that is available in Australia. It has a wide range of retailers that it works with and allows customers to make four interest-free payments over a period of eight weeks. It also has an app, which makes it easy to manage payments and keep track of purchases.
7. Laybuy
Laybuy is another payment platform that works similarly to ZipPay. It allows customers to buy items online and pay them off in six equal payments. The only difference is that Laybuy charges an interest rate of 18-30% depending on the purchase amount.
There are other ZipPay competitors you can check out if you exhausts the ones on our list. They include GoCardless, Splitit, Zebit, ViaBill, and Four app.
Difference between AfterPay and ZipPay
Both are Buy Now Pay Later providers, and hence, they have so many similarities. The difference between the two is mainly in their repayment plan, and it seems ZipPay is more flexible.
While AfterPay requires a Credit or Debit card before approval, ZipPay doesn’t care much about that. Also, it’s impossible to modify the repayment structure of every fortnight repayment, whereas ZipPay gives options of weekly, fortnight, or monthly repayments.
AfterPay has a 24-hour repayment if there’s no money in your account, and after that, they will charge $10 and $7 after one week if the payment isn’t done. With ZipPay, you can set your preferred repayment plan, but you will incur a $5 fee if you fail to pay.
What is the highest limit on ZipPay?
ZipPay has a credit limit of $1,000. Payments are made on a minimum monthly payment, starting from $10. You might incur $9.95 fee when you don’t make full repayment by the due date.
Wrapping It Up
So there you have it! Seven great ZipPay alternatives and competitors for your consideration. All of these services provide a great way to make purchases without going into debt, and all of them offer flexible payment options. We hope this blog has been helpful in finding the perfect ZipPay alternative for you!
