Friday, 24 July 2015 13:29

Klika kashes in with zipMoney credit


Klika, which counts itself among Australia’s top 20 online retailers, has introduced new branded products and a ‘socially responsible’ affordable flexible line of zipMoney credit.

Klika says it is now the largest Australian ’online department store’ to partner with zipMoney, described as a ’socially responsible’ online credit provider which recently announced a pending ASX listing.

If you’re approved by zipMoney, you can then purchase a ‘minimum of $300 on Klika to qualify for either a $1,000 or $3,000 re-usable credit line,’ while also being able to ‘shop interest free using their digital wallet at Klika or any other affiliated merchants,’ of which there is a wide selection you can see here.

We’re told that zipMoney has been specifically designed for online shopping, with an ‘advanced and secure checkout with new customer accounts approved and activated in minutes’, allowing customers to have ‘the flexibility to choose how they make their repayments on affordable terms to zipMoney, whilst taking advantage of a minimum of a three months interest free period on all purchases.’

With the tagline of ‘buy now, pay later’, it sounds like an alternative to credit cards as well as being an alternative to in-store lay-by schemes. 

Klika says it is celebrating its partnership with zipMoney by allowing its customers to enjoy a flat shipping fee of $9.95 across Australia for all applicable purchases.

Bolstering its claim to be Australia’s largest online department store, Klika has recently added to its range of private labels, a new range of branded products including bedding from Jason, educational toys from Colorific, Disney licensed toys and bedding. A new range of branded home appliances launched on Klika includes Morphy Richards, VTech, Uniden, Belkin, Oricom and Heller.

Leo Zaitsev, Klika’s Director of Commercial Operations said, “Klika is delighted to partner with zipMoney to simplify our customers’ online shopping experience. By offering zipMoney as a new payment option, Klika customers will have the added ability to surprise their family and friends by sharing or gifting some of Klika’s latest products.

“On average, Klika’s customers spend around $300 on each transaction and we believe zipMoney provides an added incentive for them to make Klika their single destination for all of their shopping needs. We are confident that zipMoney’s competitive offering will have the potential to contribute towards 15 percent of Klika’s annual online revenue in the next 12 months.”

Larry Diamond, CEO and Co-founder of zipMoney said, “We are delighted to be working with Klika, a leading top 20 online Australian retailer. As more Australians move to online shopping, they demand an affordable and seamless way to pay. In offering customers a zipMoney option at checkout, Klika will maximise its customer value and deepen their relationships.”

iTWire last wrote about Klika in May 2015 when the company announced Leo Zaitsev's appointment. 

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Alex Zaharov-Reutt

Alex Zaharov-Reutt is iTWire's Technology Editor is one of Australia’s best-known technology journalists and consumer tech experts, Alex has appeared in his capacity as technology expert on all of Australia’s free-to-air and pay TV networks on all the major news and current affairs programs, on commercial and public radio, and technology, lifestyle and reality TV shows. Visit Alex at Twitter here.

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