Business
Retailers, shoppers seeking ‘instant gratification’ keep flocking to buy now, pay later upstart Zip – NEWS.com.au
Retailers, shoppers seeking ‘instant gratification’ keep flocking to buy now, pay later upstart Zip
Buy now, pay later provider Zip Co keeps breaking records, reporting strong results for the March quarter when more retailers piled into the popular platform, including JB Fi-Fi, The Good Guys and LOccitane. The company had its highest ever transaction numbers for the period of 12.4 million – up a whopping 195 per cent – while quarterly revenue surged 80 per cent to $114.4m.
Both customer numbers and merchants on the platform increased by more than 80 per cent, with Microsoft, Boohoo, JD Sports,…
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