Page 1 of 2 12 LastLast
Results 1 to 10 of 11

Thread: Zippay, zip-money, oxipay, openpay?

  1. #1
    Join Date
    10th Nov 2009
    Location
    Diamond Creek, Victoria
    Posts
    620

    Default Zippay, zip-money, oxipay, openpay?

    Hi

    I recently got approved by Oxipay for my store, before I implement it, can I ask your opinion on ALL these instalment payment services you know?

    If you know some info from the merchant point of view, I will also much appreciate you share here.

    Oxipay will charge me 4.5%, it is really really huge as my margin is cut-head low. I wouldn't bother if I import women underwear at 50c cost from China and sell for $20 for those ladies who might only wear one night.

    thx

  2. #2
    Join Date
    12th Jun 2011
    Location
    Gladstone
    Posts
    6,449

    Default

    As a consumer I'm really happy with ZipPay, it gets me to spend at Umart more often than I do other PC parts retailers in Australia because it's the account I have and they are the biggest store in that particular retail space that uses ZipPay. Also they refunded every cent I spent with Premium Collectibles through ZipPay with no hassle so I feel really safe with ZipPay.

    Also I just made my first purchase through AfterPay. I feel pretty good about them also but I think that are more aimed at big businesses like Big W and Officeworks.

  3. #3
    Join Date
    4th Aug 2008
    Location
    The 'Riff
    Posts
    11,335

    Default

    Zippay. I love the fact I have time to pay off an item. Sometimes i just don't have the money to pay all up front. Any way of a laybuy is good.

    We have also used Afterpay and they are good too

  4. #4
    Join Date
    19th Oct 2014
    Location
    Melbourne
    Posts
    1,764

    Default

    Zippay/ZipMoney same company, slightly different service
    Zippay upto $1000 limit, $5 per month with a non-zero balance, no interest ever
    ZipMoney upto $2-5000 (different setup fees) - as above, though with fixed interest free periods (set/chosen by the retailer)

  5. #5
    Join Date
    11th Dec 2012
    Location
    Perth
    Posts
    2,916

    Default

    Have you looked at Paypal laybuy? It’s pretty good for preorder stuff (from a customers perspective anyway). The order gets split into 2-3 monthly payments.

  6. #6
    Join Date
    17th May 2014
    Location
    Terra Australis
    Posts
    255

    Default

    I have zip pay and afterpay both useful for buying certain things for sure.
    You can build a throne with bayonets, but you can't sit on it for long. -Boris Yeltsin

    мыслете наш он покой

  7. #7
    Join Date
    21st May 2015
    Location
    Launceston
    Posts
    965

    Default

    I say just wait it out then incorporate zippay or Afterpay into your store oxipay sound like they are just siphoning your profit margin. Lay buy through PayPal is an option as they charge the consumer instead of the store.

  8. #8
    Join Date
    4th Aug 2008
    Location
    The 'Riff
    Posts
    11,335

    Default

    Lay buy through PayPal is great. If I have to a few extra bob to do it that way, I'm happy for it. I don't have the luxury of endless bucks on a whim

  9. #9
    Join Date
    16th Jul 2008
    Location
    Melb
    Posts
    3,961

    Default

    Quote Originally Posted by langzixinxin View Post
    Oxipay will charge me 4.5%, it is really really huge as my margin is cut-head low.

    That's pretty much the idea behind all these pay-by-instalment services, the merchant has to bear the cost and as such, retail prices rise for everyone. The return for you is in the form of (hopefully) a larger quantity of sales.

    That said, I've never even heard of oxipay. I'd stick with a service that has some established brand recognition that people trust.

  10. #10
    Join Date
    10th Nov 2009
    Location
    Diamond Creek, Victoria
    Posts
    620

    Default

    hi,

    thx for the input.

    the laybuy through paypal is standard service provided by paypal? Is there a website for it?

    thx

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •