To qualify for ZipPay you must meet the following criteria.
18 years of age and over
Australian citizen or resident
Have a legitimate email address and phone number
Employed or regular income
Have access to online banking
What Do I Need?
To apply for a ZipPay account online, you’ll need to select your desired credit limit and provide your residential, employment and financial information. Next, you will need to verify your identity through SMS and have your email address and mobile phone number handy. Once this is completed, your application will go through a quick assessment (this takes about 3 minutes) to determine approval.
The Important Stuff
ZipPay offers credit limits between $1000 and $30,000 to approved applicants only. Based on your credit limit, you may be charged a one-off establishment fee outlined to you on the application. All purchases do have an interest-free period, as outlined in your contract, after which your outstanding balance will accumulate interest at the standard annual rate.
Regular repayments are taken automatically via direct debit – you can set these to suit your lifestyle, provided you meet the monthly minimum highlighted in your contract. Please make sure to note that payments will only be accepted from debit cards via your bank account. You can make additional payments whenever you like using your debit card or BPay. Just keep in mind your scheduled payment will still also begin to take place!
ZipPay repayments are taken automatically via direct debit. However, if a payment fails, ZipPay will send you a notification so you can make the payment manually or reschedule it to be processed in a few days time. Remember, a single $6 service fee will be added to your account for any month you have an outstanding balance.