Zip teams up with THG to offer interest free instalment payments

By Megha Bhattacharya

Buy Now Pay Later solutions provider Zip today announced a partnership with THG to provide interest-free payments over four instalments to customers shopping on THG sites and with brands using the THG Ingenuity end-to-end e-commerce platform.

Zip will now become a payment option at checkout across THG’s sites in the UK, the US, Australia and New Zealand. THG customers will also be able to check out with Zip’s flexible, interest-free ‘Pay in 4’ product.

John Gallemore, CEO of THG Ingenuity, said, “Our collaboration with Zip allows us to further expand the payment options that we offer THG Ingenuity clients and THG’s own brands, ultimately giving greater choice and flexibility to consumers anywhere in the world.”

According to the Buy Now Pay Later company, it will integrate with THG Ingenuity, allowing brands to choose the platform of their own for offering Zip’s interest-free payment option.

Founded in 2013 in Sydney, Zip is a Buy Now, Pay Later players in the world with over 6.4 million customers globally. It works closely and collaboratively with merchants to seamlessly embed the platform and deliver an enhanced customer experience.

Anthony Drury, Zip UK Managing Director, said, “We’re growing rapidly in the UK and our partnership with THG only confirms our intention. There is an increasing appetite among retailers to embed BNPL payment domestically and internationally. Our flexible products are accessible across many retail sectors from fashion, health & beauty and groceries to homeware, entertainment, sport and travel.”