ZIP 1.45% $1.70 zip co limited..

ZIP Single use card

  1. 12 Posts.
    ZIP's single use card has been around for sometime now and it made me curious how does Zip profit from this type of transaction?

    I cant imagine Zip is charging the merchant the typical 15c transaction and 2-4% commision.

    does anyone have knowledge as to how they profit from this transaction or are they relying on the monthly fee and late fees charged to the consumer?
 
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