Zip, a buy now pay later platform, is introducing a mobile-based virtual card. The new card will enable UK shoppers to tap and pay for their purchases at the checkout points.
Following its initial and successful launches in New Zealand and Australia, Tap and Pay with Zip is getting rolled out nationwide throughout the United Kingdom in time for the festive shopping season. The firm said that it will start with Homebase, The Fragrance Shop, Jollyes – The Pet People, together with Hype clothing.
Research commissioned by Zip discovered that one in ten adults in the UK plan to use the buy now, pay later this Christmas season to enable them to spread the cost of gifts, with the most common purchases being grooming, clothing, and electronics.
The managing director of Zip, Anthony Drury, stated:
“The benefit of Tap and Pay is it’s hassle-free. You don’t need a code to use Zip instore, just use our virtual card through any digital wallet.”
“Customers can now use Zip both online and in-store as part of the modern retail mix, providing a flexible way to pay, wherever they are.”