Summary
Zip is a 'Buy Now, Pay Later' service that enables consumers to split their purchases into four interest-free installments over six weeks. It can be used for online and in-store shopping, allowing users to manage payments through their mobile app.
Features0/15
See allNo common features found
PricingTiered
See allStandard
- Essential reporting and analytics
- Fast and easy integration with quick launch
- Standard support: Monday to Friday, 9:00 a.m. to 5:00 p.m.
- Access to platform plugins, developer documentation, and help center
Custom
- Integration support for complex checkouts
- Dedicated account manager
- Access to co-marketing, affiliate, and beta testing programs
- 24/7 support and SLA options
- Custom data & analytics on customer profiles
Rationale
Zip is a 'Buy Now, Pay Later' service that allows customers to split purchases into installments. This is fundamentally different from Wise's offering, which focuses on international money transfers at mid-market rates and multi-currency accounts. Zip does not offer any of the 'must-have' features such as mid-market exchange rate transfers, transparent low fees for international transfers, multi-currency accounts, borderless debit cards, or fast international transfer execution. Its core business model is consumer financing for purchases, not cross-border payments or multi-currency management.
