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BNPL for B2B: New Zip Business product allows single-tap payments
SEPTEMBER 9, 2021"Zip Co, one of Australia’s original buy now, pay later (BNPL) players, is fast moving into the business-to-business payments market with the release of Zip Business ‘tap to pay’.
Launched Wednesday, the new offering will give businesses the option to BNPL anywhere that accepts Visa using a one-tap payment available through digital wallet technology.
It expands the existing Zip Business Trade Plus, which gives SMEs up to $150,000 in credit across 35,000 approved merchants such as Bunnings and Officeworks. The latest ‘tap to pay’ offering is available to businesses with a Zip Business Trade Plus account. They must also have been in business for six months and generate at least $5,000 in sales per month."
smartcompany.com.au/finance/bnpl-b2b-zip-co-business-single-tap-payments/
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