Three new payment options. Two Layby Checkout Options - zipPay vs Afterpay!

Posted by J. Neunzig on

Three new methods of payment at PaintAccess.com.au

As you might have heard, we've recently teamed up with 3! new payment options for our shoppers. "Buy Now, Pay Later" is the motto with our first 2 new payment methods, zipPay and Afterpay. Afterpay and zipPay are the two major players in lay-by options in Australia. The end result is the same for both, get your order now, pay it off later, but how they offer that repayment plan is where they differ. Both methods will require credit card details from either Visa or Mastercard. Choose which one is right for you or do both! 

 

zipPay

With zipPay, you will have to create an account if you don't have one already during the checkout. Approval is lightning fast and could get you a credit line of up to $1,000. In some special cases, you may contact zipPay directly and get an even bigger credit line. Once the order has been placed, you will receive notification from zipPay for your payment schedule. You won't have to pay anything up front. You can choose to pay it off weekly, or even monthly. There are NO interest fees, ever!

However, here's the catch, if you have an outstanding balance at the end of the month, you will be charged a $5 service fee and minimum monthly repayments must be at least $40. Also, you should have your balance down to $0 after 60 days or additional fees may apply. 

Anyone can sign up for zipPay as long as they meet the following criteria: Any Australian citizen or permanent resident, who is 18 years or older and is employed, earning at least $300 per week.

Click the banner for more information regarding zipPay!

 

Afterpay

As with zipPay, you will have to create an account with Afterpay at checkout if you don't have one already. Application approval are quick and easy. With Afterpay, you have less flexibility on repayment amount and schedule. Afterpay splits down your cart total into 4 equal amounts which you must pay off fortnightly from day of purchase. Once approved and the order has been placed, you must make first initial payment right then and there. Every subsequent payment must be made 2 weeks after the last. This way you will have your balance paid off in 8 weeks. There is also no interest added to oustanding balance, ever! 

However, if you miss a payment due date, a $10 late fee will be charged, and another $7 if it still isn't paid off a week later. Unlike zipPay, Afterpay will not charge you a $5 monthly fee for any outstanding balances. There is no extra charge as long as you make your scheduled payments. 

All you need to sign up with Afterpay are: Any Australian citizen or permanent resident, who is 18 years or older and is employed, and own a debit/credit card (Visa & Mastercard only). 

Click the banner below for more information regarding Afterpay!

 

POLi payments

Finally, we have POLi payments, a company owned by Australia Post. With POLi, you can pay with your bank account directly. Sort of like a bank deposit but one that is done instantly through online banking. Basically, you choose POLi during checkout, sign into your bank account through the POLi servers and choose the bank account with which you want to pay. POLi promises to never cache or store any of your bank details or any other sensitive information. They guarantee to be a safe and secure method of paying directly with your bank account. No sign-ups needed and no fees charged! It's completely free and secure. To see if POLi is right for you, please click on the banner to read more about POLi and follow the links to POLi's website for more detailed information about their security systems and other FAQs.

Click on the banner below for more information about POLi payments!

 

So there you have it! PaintAccess is proud to offer more diversity so that you, the shopper, can get what you want, and get it now! Write us a message or give us a call if you have any questions or comments.


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