Zip Partners with Stripe to Expand Payment Options for U.S. Merchants
Zip, a digital financial services company focused on innovative, people-centered products, has announced its integration as a payment method for U.S. merchants using Stripe.
This new integration allows eligible merchants to enable Zip as a payment option with just a single click, enhancing their ability to attract new customers while increasing both conversion rates and average basket sizes. Zip initially partnered with Stripe in Australia last year, and this latest move extends their collaboration to U.S. merchants.
With 6 million active customers and over 79,000 merchants across the United States, Australia, and New Zealand, Zip is committed to promoting financial inclusion by making everyday spending, cash flow management, budgeting, and the ability to cover unexpected expenses more accessible.
Buy Now, Pay Later (BNPL) has become a mainstream payment option, and Zip’s innovative and inclusive approach is transforming access to the retail economy. Its unique algorithm allows a broader demographic to access credit, introducing new customers to brands and addressing the needs of those underserved by traditional financial institutions.
“Our goal at Zip is to provide customers with transparent and flexible credit solutions that enhance their financial autonomy while giving merchants access to a motivated new customer base,” said George Eliopoulos, Chief Commercial Officer at Zip. “Our strategic partnership with Stripe has consistently delivered strong results for merchants and customers in Australia, and we are excited to replicate that success in the United States.”
For merchants utilizing Stripe’s optimized checkout interfaces, including the Payment Element and Checkout, enabling Zip requires no coding and can be done directly from their Stripe Dashboard. Zip is currently available to merchants in Australia, with general availability for U.S. merchants expected later this year.