Aussie retailers join Zip platform
Momentum continues for credit card disruptor Zip as it announces a string of new partners across Australian fashion, automotive and food retailers.
The list of new retailers, which will join the existing 14,000+ retail partners already on the Zip platform, include:
- Just Group (Peter Alexander, Smiggle, Jay Jays, Just Jeans, Dotti, Jacqui E and Portmans)
- Hanes Australasia (Bonds, Sheridan, Sheridan Outlet, Berlei, Champion USA, Jockey, Playtex and Totally Tights)
- Lorna Jane
- General Pants
- Brandbank (Seed Heritage, French Connection and Nine West)
- Koko Black
- Carsales (Carsales.com.au, Motoring.com.au, Bikesales.com.au, Boatsales.com.au, Caravancampingsales.com.au, Trucksales.com.au.com, Farmmachinerysales.com.au)
By partnering with Zip, these new retailers now offer customers a new way to pay either instore or online.
Fran Ereira, General Manager of Sales and Solution Delivery at Zip Co says, “It’s great to see more retailers recognising the benefits of partnering with Zip, not only to diversify payment options for their customers, but also to tap into Zip as a marketing partner.
“Zip is a credit card disrupter and wants to be everywhere you'd consider paying for items on plastic, whether that's lunch, picking up a gift or booking an ad to sell your car. We now have more than 1.2 million Zip customers, many of whom are repeat customers. With an average order value through Zip of $220, it’s not hard for retailers to quickly realise the impact of Zip on their business’ bottom line.
“As consumer popularity in Zip increases, we’re expecting huge growth in everyday spending on Zip - groceries, food, health and moreover the coming months. Consumers are increasingly asking their favourite retailers for Zip - they want to own the way they pay. In turn, retailers want to offer payment choice to answer this demand, and because they recognise it drives sales. It’s a win-win.”
Zip recently reported a 107 per cent YOY increase in total transaction volume on the platform to $281.4m and a 14 per cent increase in its customer base from the previous quarter as part of its Q3 FY19 results. As a growing number of consumers turn towards digital and flexible methods of payment to purchase the goods they love, more businesses are getting on board in order to remain relevant, competitive and profitable.