Zip Pay – Buy Now Pay Later

EDEN offers our customers the option to buy now and pay later with Zip Pay.
Zip offers two products:

✛ Zip Pay allows people to buy a product, get their goods straight away and
pay them off in instalments. It sounds like a modern twist on the
traditional lay-by, but it's really another form of credit. 
✛ Zip Money has higher limits and is a line of credit that acts a bit more
like a credit card. 

Both Zip Pay and Zip Money are accessible from the same Zip app, available for free through Google Play and the App Store, and once you're approved you can switch between your accounts.

When you buy something using Zip it gets added to your account – you don't need to pay anything upfront. Each month you'll be sent a statement detailing:

Bold Tick symbol what you've spent and paid off
Bold Tick symbol  fees (including a $6 monthly fee when you have money owing, and any late fees or dishonour fees for missed payments)
Bold Tick symbol interest charged (if you use Zip Money)
Bold Tick symbol how much you need to pay.

Zip lets you pay off the full amount or pay in instalments. Repayments can be weekly, fortnightly or monthly, as long as a minimum repayment of $40 is made each month for balances under $1000. For balances over $1000, or if you're using Zip Money, minimum repayments might be more.