Just in time for the Amazon onslaught comes Kogan, choosing the new way for customers to pay for goods purchased, with Kogan yet another big win for the Zip platform.
Launching today, "more than one million active Kogan.com customers will have access to the zipPay digital wallet at checkout, allowing shoppers a limit of up to $1,000 and the ability to pay flexibly, over time for their purchases, interest-free."
Zip Co-founder and CEO, Larry Diamond said: “This is a very significant transaction for the Zip business. Kogan.com is synonymous with e-commerce in Australia and this partnership represents an important validation for Zip as we continue our mission to offer fair and transparent payment options to the Australian consumer, wherever and whenever they choose to shop.
"Both Kogan.com and Zip are strong advocates of consumer well-being and harness the power of technology to give consumers a better deal."
{loadposition alex08}Kogan.com, which announced reaching the "more than one million active customers" threshold in September is billed as "the largest Australian pure-play online retail website."
The company's core product ranges include "TVs, computers, mobile phones, home and garden, appliances and fashion, all of which are particularly well-suited to the zipPay product."
Seductively luring in those customers is "over 70,000 products available to consumers at great prices," so zipPay should prove a very popular addition to the Kogan offering.
Ruslan Kogan, Founder and CEO of Kogan.com said: "We are excited to partner with Zip to offer our customers more options and flexibility. Zip is an Aussie FinTech pioneer. We chose Zip because we believe it will deliver an additional fair, transparent and convenient payment option for our customers."
Zip is now live on the Kogan.com website, "in time for the seasonally strong Christmas shopping months of November and December."
zipMoney, the company behind the zip plaform said "the pipeline of merchants joining the Zip platform is at record levels, with significant numbers of SMEs and large enterprise retailers at contract stage."
