If you thought a credit card was the only way to ‘book now’ and ‘pay it later,’ zipMoney and Luxury Escapes have a different way to do it.
zipMoney. It’s a digital payments platform company we’ve written about previously, first in an article entitled ‘Klika kashes in with zipMoney credit’ on 24 July, 2015, second in an article entitled ‘zipMoney gets $100 million to fund expansion’ on 19 November 2015, and finally in an article entitled ‘zipMoney raises $20.6 million as it readies for Pocketbook acquisition’ on 6 June 2016.
Now comes the news of zipMoney parterning with ‘one of the country’s largest travel retailers, Luxury Escapes,’ to give Australians the option to travel now and pay later.
zipMoney proudly boasts that it ‘provides customers looking to set off on their dream holiday, with a better way to pay.’
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The company says it empowers people to ‘manage their lifestyle aspirations with a financial partner that is simple to use, digitally focused and for a change, absolutely ’on their side’.’
We are told that ‘customers have the flexibility to choose how they pay, while taking advantage of a minimum of six months interest free on all purchases.’
Luxury Escapes explains that, in collaboration with zipMoney, it ‘provides millennial customers with a payments experience that is user-friendly and secure, seamlessly converting the holiday dreamer into a holiday maker.’
zipMoney Founder Larry Diamond, said: “Luxury Escapes is a premier brand offering unique travel experiences to close to one million members. We look forward to a long partnership with Luxury Escapes, as they continue to provide Australian families and millennials with exclusive offers and access to a huge range of travel destinations.”
“In offering a ‘buy now, pay later’ payment option at checkout, Luxury Escapes will maximise its customer reach and provide them with added financial flexibility,” Diamond said.
Luxury Escapes’ General Manager, Blake Hutchison, adds how “innovation and financial technology are now pervasive. Customers have come to expect flexibility, as a part of everyday life, and this technology in particular is designed to make high priced and desirable products and services more approachable."
"Luxury Escapes’ customers average more than $1500 per booking and we believe zipMoney provides an added incentive for them to make Luxury Escapes their single destination for all their travel needs,” Hutchinson concluded.
