These days, many companies in the country are offering Buy Now Pay Later. In this episode, MobiKwik, one of the big digital wallets in the country, is also offering the Buy Now Pay Letter. The company has named this service ‘Zip’ Under this service, the company gives a credit limit to its users. Users can spend within the credit limit and make the payment after 15 days.
Mobikwik wallet can also load money from ZIP
Mobikwik’s ZIP service is available to limited users only. The amount of credit limit you will get through ZIP depends on your transaction behavior. ZIP can be used within the Mobikwik app and at all merchants that accept Mobikwik as a payment option. The special thing is that ZIP can also be used to load money in Mobikwik wallet.Also read Oppo’s new plan! After smartphones, now car and mobile accessories will also get fast charging
You can also use ZIP through the virtual card of American Express
Apart from this, online merchants who do not accept Mobikwik as a payment option, can also make payments through the virtual card of American Express. For this, first you have to load money into the wallet via ZIP. For example, Mobikwik is not a payment option on Amazon’s site or app, but you can also shop on Amazon through Mobikwik’s American Express virtual card.
ZIP Bill Payment
Through ZIP, the amount you spend from 1st to 15th of the month, its bill is generated on 16th, which has to be paid between 16th and 20th. Similarly, the amount you spend through ZIP from 15th to 30th or 31st of the month, its bill is generated on the first of the next month, which has to be paid between 1st and 5th.Also read PUBG: ‘Jung’ of 2051 will be in the new state, know how is the different from PUBG mobile
It is worth noting that if you do not pay the dues on time, then you also have to pay a penalty. So try to pay the ZIP bill within due date.