What is Zip Payment?

Zip Payment is a buy-now-pay-later (BNPL) service available in New Zealand, allowing customers to pay for purchases in instalments over time.
It is offered by Zip Co Limited in partnership with participating merchants.



Zip Payment Logo


Key Features

Flexible Instalments

  • Split your purchase into smaller payments over time.
  • Payment schedules vary depending on your account and chosen plan.

Online Use Only

  • Available exclusively for online store purchases. Not usable in physical retail locations.

Interest & Fees

  • Purchases may be interest-free up to a specified period.
  • Fees and eligibility are set by Zip and subject to credit approval.

Fast & Secure

  • Payments are processed securely through Zip’s platform, allowing instant confirmation of your order.

Important Disclaimer

  • Zip does not guarantee any product or service purchased using the service. All claims are made by the merchant.
  • See full terms at zip.co/nz
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Zip Frequently Asked Questions

Find answers to common questions about Zip method

  • Zip is a “buy now, pay later” service that lets you split purchases into flexible repayments over time, without traditional interest charges.

  • At checkout, choose Zip as your payment method. You’ll be able to pay a portion upfront and the rest in scheduled installments. Repayments are automatically deducted from your linked debit or credit card.

    • Zip Pay is for smaller everyday purchases, usually up to a set limit (e.g., $1,000).
    • Zip Money is for larger purchases, offering higher limits and sometimes promotional interest‑free periods.

  • You must be at least 18 years old, have a valid debit or credit card, and meet Zip’s eligibility requirements. Approval is subject to Zip’s risk and identity checks.

  • Zip does not charge interest when repayments are made on time. However, account fees or late fees may apply if payments are missed.

  • Repayments are flexible. You can choose weekly, fortnightly, or monthly schedules depending on your account type. Minimum repayments apply, and you can pay off your balance early at any time.

  • Zip may perform a credit check depending on the product (Zip Pay usually does not, Zip Money often does). Approval is based on your financial situation and repayment history.

  • If you miss a repayment, Zip may charge a late fee and pause your account until payments are up to date.

  • Zip is accepted at thousands of online and in‑store retailers globally. Availability depends on whether the merchant offers Zip as a payment option.

  • Yes. Zip uses industry‑standard encryption and security protocols to protect your personal and payment information.

  • Yes. You can log in to the Zip app or website to view transactions, manage repayments, and update your payment details.