ZIP 1.85% $2.12 zip co limited..

$10 Party, page-63

  1. 322 Posts.
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    Yeah, I saw the "pay anywhere" feature - basically it generates a "single use" card (with 16 digit card number, expiry date, and ccv) that can be used just like a debit/credit card anywhere that doesn't accept zip? Just run the numbers through the eft machine?

    Now, presumably, they are integrating this into your phone (or even a physical card with a nfc chip?) so that the user can tap on the eft machine?

    I guess the question is - if ZIP generates their income via merchant fee's from stores that "accept zip" - how does this work in terms of the "shop anywhere that doesnt accept zip" and the new tap n go addition?
 
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