BNPL To Change the Times as We Know It

Zilch – the first card that offers buy-now-pay-later with no additional fees at retailers who accept MasterCard. Too good to be true! With a 0% interest rate, reviewers claim it to be the next shopping revolution. Amazon, eBay, iTunes, Adidas, Nike are among just a few of the top brands accepting the BNPL. Simply pay 25% at check out and pay the remaining balance over the course of six weeks. In-store shopping will soon be available as well.

Redefining the BNPL model, Zilch has no third party integrations, providing instant accessibility. No interest fees or late fees make them favorable above other credit cards. Their system uses AI and open banking to calculate how much each of their customers are able to afford and Zilch only funds low-value purchases to prevent users from over borrowing.

With an “over the top” approach, garnering 10 million in funding, Zilch wants to connect with the consumer rather than the retailer. CEO Philip Belamant says that with the benefits of installments, it allows users to pay for the best quality goods over time, anywhere. He believe that this upcoming generation should be able to responsibly have what they want while not being penalized for the privilege of what they decide to buy. With that kind of dedication to the people and their product, one can only imagine how broad the scope this BNPL card will have later on.

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