BNPL Payment Provider Zip Co Launches New Partnership with Microsoft

SYDNEY, July 9, 2021 /PRNewswire/ -- With changing habits for digital purchasing and an increase in customer demand for buy now pay later (BNPL) payment options in the Australian market, Zip says the new partnership is designed to give customers greater access to Microsoft products, particularly the student market.

Australia represents one of the largest global markets for BNPL services, with over 35 per cent of consumers utilising interest free instalment payment plans. Customers will be able to sign up through the Zip App for single use digital credit cards to use on Microsoft products. Through the Microsoft Store, customers can purchase Office products as well as Surface laptops and tablets and Xbox consoles and games.The unique single use digital credit cards will offer customers a 12-month interest free payment solution, with customers able to choose between flexible weekly, fortnightly or monthly repayment options.