BNPL Leader, Zip, Announces Exclusive Partnership With Used Tech Marketplace, Swappa
10 February 2022 - 1:03AM
Business Wire
Global digital payments innovator, Zip Co Limited (ASX: Z1P),
formerly operating in the U.S. as Quadpay, today announced an
exclusive partnership with Swappa, the safest online marketplace
for used tech. As a result of this collaboration, Zip will be the
only buy now, pay later (BNPL) offered on Swappa.
Fueled by budget and environmentally-conscious consumers, the
peer-to-peer marketplace for smartphones, laptops, tablets,
smartwatches, gaming systems, cameras, and smart home tech is a key
player in the booming market of secondhand technology. Swappa’s
partnership with Zip will make this option more accessible for a
broader pool of consumers.
“As the exclusive BNPL partner for Swappa, Zip is excited to
bring a new short-term financing option to consumers interested in
peer-to-peer marketplaces,” said Levi Aron, chief growth officer,
Zip Co US Inc. “Secondhand tech is an affordable option for tech
lovers, and BNPL can help even more shoppers access and budget for
the electronics they need.”
Founded in 2010, Swappa is on a mission to offer the best
marketplace for buying and selling used consumer electronics.
Emphasizing safety, simplicity, low fees and the ‘human factor,’
Swappa has helped facilitate sales between millions of happy buyers
and sellers and boasts a nearly-perfect Trustpilot review rating
thanks to its strict ‘no junk, no jerks’ policy. Swappa prides
itself on making the experience of buying and selling quality used
tech safe and simple.
“Our customers are increasingly asking for more flexible payment
options, so we’re thrilled to partner with Zip to offer BNPL
options,” said Ben Edwards, founder and CEO of Swappa. “With Zip,
we are offering our customers a simple and transparent payment
option that’s easy to use and convenient.”
For more information and to shop the marketplace, please visit
Swappa.com and split your purchase into easy installments with Zip
at checkout.
About Zip
Zip Co Limited (Z1P: ASX) or (“Zip”) is a leading global
financial services company, offering innovative, people-centered
products that bring customers and merchants together. On a mission
to be the first payment choice everywhere and every day, Zip offers
point-of-sale credit and digital payment services in 13 markets
around the world, including through strategic investments,
connecting millions of customers with its global network of tens of
thousands of merchants. One of the fastest-growing BNPL companies
globally, Zip has a presence in Australia, Canada, Czech Republic,
India, Mexico, New Zealand, the Philippines, Poland, Saudi Arabia,
South Africa, UAE, the United Kingdom, and the USA. Zip provides
fair, flexible and transparent payments options to individual
consumers and SMBs, helping them to take control of their financial
future and helping merchants to grow their businesses. Zip is
committed to responsible lending and also owns Pocketbook, a
leading financial management tool. Founded in Australia in 2013,
Zip now employs over 1000 Zipsters worldwide. For more information,
visit: www.zip.co/us.
About Swappa
Swappa is the safest used marketplace to buy and sell tech.
Swappa was founded in 2010 in Kansas City, MO. Today, Swappa has
grown to be the marketplace to buy and sell newish tech safely and
simply, with over $100M in used tech in 2021. For more information,
please visit swappa.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220209005392/en/
Zip US, Angela Nibbs zip_us@maven-pr.com
Zip Global PR Director, Kerry Parkin kerry.parkin@zip.co
Swappa Media Relations Specialist, Sara Beane
sara.beane@swappa.com
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