Wednesday, April 17, 2024

Zip Co. and BigCommerce partnership to accelerate growth

Zip Co Limited announces it has been selected as an Elite Partner by BigCommerce.

This partnership will allow Zip to provide flexible digital payment options to BigCommerce’s network of more than 60,000 merchants globally.

“With so many options in today’s retail environment, merchants need to be thoughtful about decreasing barriers to purchase for their customers – including providing easy-to-use alternative payment methods at checkout,” says Chief Commercial Officer for BigCommerce, Russell Klein.

“Zip is a trusted global leader in instalment-based payments, and we are excited to welcome them as Elite Partners. Our merchants and their customers will benefit from Zip’s transparent Buy Now, Pay Later financing solutions.”

Zip offers point-of-sale credit and digital payment services to industries including retail, home, health, automotive and travel.

Chief Commercial Officer at Zip Co., Hamish Moline says, “Following success in Australia and New Zealand, we are expanding our partnership with BigCommerce to the U.S. and U.K. markets.

“Given the resilience and acceleration of the BNPL model globally, Zip and BigCommerce will work together to shape the future of e-commerce, giving merchants on the platform the ability to offer customers a way to make purchases in a way that is fair, transparent and interest-fee.”

Brands will see the following benefits:

  • Increased order value and conversion: 40% of consumers say they are more likely to complete a transaction if BNPL is offered at checkout.
  • Near-instant integration: the direct integration to the BigCommerce platform means that merchants can activate Zip and QuadPay instantly and start seeing results quicker than any other digital payment solution.
  • Competitive and flexible pricing options: including merchant fees and consumer fees – which reduce as a merchant’s transaction volume increases.

Retailers in the U.S. can register for the new digital payment capabilities here.

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