Zip (Australia)
Country: Australia (AU) | Payment Rail: bnpl
BNPL
Market Adoption: 45%
Zip Co is a major Australian BNPL fintech provider offering Zip Pay and Zip Money flexible installment options.
🔄 User Payment Flow
- Customer selects Zip at checkout
- Customer passes Zip identity check and selects flexible monthly repayment terms
- Zip approves purchase in real-time
- Merchant receives 100% order payout while Zip manages customer installment debits
⚙️ Characteristics & Settlement
| Instant Payment | YES |
| Supports QR | NO |
| Supports Recurring | YES |
| Supports Refund | YES |
🛠️ Merchant Integration Steps
- Merchant API calls acquiring gateway (Stripe / Adyen / Zip API) for checkout token
- PSP issues payment token and Zip checkout URL
- PSP receives Zip clearing webhook notification and confirms order status
🚀 Supported Payment Gateways & Acquirers (PSPs)
🔌 Stripe🔌 Adyen