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Description
Zip (ASX:Z1P) is a leading global Buy Now, Pay Later (BNPL) company providing fair and seamless solutions that simplify how people pay.
Founded in Australia in 2013 and now with a presence in 14 international markets, our mission is to be the first payment choice, everywhere and every day. We give consumers, merchants and businesses around the world access to transparent, flexible and interest-free credit.
We exist to create a world where people can live fearlessly today, knowing they’re in control of tomorrow. Disrupting the broken credit card model, we put the financial well-being of our customers and merchants at the centre of everything that we do.
Driven by people-centred product innovation, we are the next generation of payments, helping consumers and businesses to take control of their financial future.
Over 81,000 retailers around the world offer Zip as a payment choice to our 9.9 million and growing active customers globally.
We are Zip, and we’re only just getting started.
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Company Details
- Australia
- 1001-5000
- Public
- (ASX:Z1P)
- 2013
Additional Details
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Risk AppetiteLow Risk, Medium Risk
Last updated
7th Dec
FAQ
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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