Zip Canada is a “Buy Now, Pay Later” payment solution that empowers customers to break out a payment into four installments paid bi-weekly over six weeks. This allows purchases to become more financially palatable for customers while also helping our merchants increase sales and order volumes.
Zip Canada has been shown to increase conversion by 10-20% and AOV 30-70%! Since the merchant will be paid the full order amount upfront, Zip Canada is a great tool to increase sales at no risk to our partnered brands.
One advantage of Zip Canada is that we pride ourselves on being a transparent and trusted provider. The payment breakdown is outlined for shoppers upfront so they know when their upcoming payments will be due. We tokenize the customer’s debit or credit card so payments can be automatically pulled out of their account, which means they do not have to log in to make a payment or worry about forgetting their due dates. We cover all financially related chargeback, fraud, and default risk, so you can process the order without worry!