When we spend time browsing online stores, we typically look for something that shiny and new. On finding it, we are immediately tempted to buy it, but before we finalize our decision whether to make the purchase or not, we often ask ourselves:
All these financial considerations can drive us crazy because on one hand we really want to buy that item, but our wallet may say otherwise. Why should we buy it now, where should we buy it from and when; what if my money is going to be wasted? Questions like these usually lead to shopping cart abandonment and are likely to create a similar situation every time. The only effective way to get ourselves across the line is if we are offered a payment option that could spread out the cost of the purchase, thus easing the burden of the initial cost. Prompted by this urging demand, ‘buy now, pay later’ solutions have been popping up at breakneack speed. The two biggest players in Australia are Afterpay and Zip (formerly zipPay and zipMoney). They are third party finance providers, designed to offer an interest-free period, so we pay for our orders over a given time without having to worry about paying upfront. This is almost like a lay-by (but you get the item upfront) mixed with online shopping, dragged into the modern app economy. Shop Zero – Featuring the Change You Can Buy Now and Pay Later With ShopZero ShopZero may be seem like just another online store for you, but little do you know about how and why it stands apart from the most. ShopZero lets you purchase anything and everything from their online store with Zero Interest, Zero Deposit and Zero Shipping. Without having to pay upfront, you simply register your preferred Debit card/Credit Card with Afterpay or Zip. There’s no time waste on finance approvals or complex form filling anymore. You simply sign up online and with certain personal and card details input, you get to shop. Conclusion Afterpay and Zip are gaining popularity across the Australian retail landscape as two major financial service providers, and ShopZero has leveraged their advantage by integrating and activating them to allow shoppers to buy now and pay later from over 50,000 products on their website.
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December 2018
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