Singtel joins hands with Zip to offer BNPL service in Dash app
Zip offers four interest-free instalments across six weeks.
Singtel has entered an exclusive partnership with Zip, a financial services company, to add a Buy Now, Pay Later (BNPL) service on their Dash app, a non-banking mobile wallet.
Through the partnership, app users can choose between paying for their purchases immediately with Dash or paying later with Zip, which offers four interest-free instalments across six weeks.
Zip will be rolling out more payments channels in the next six months and will also bring on board more than 2,000 merchants through partner agreements with AsiaPay, Razer Merchant Services, and HitPay.
Currently, the BNPL service can be used for in-store or online purchases from merchants such as Klook, Omnidesk, OSIM, and Singtel.
This collaboration adds to Dash’s rapidly growing financial services business and we are working on expanding our suite of financial products and services to meet our customers’ diverse needs, ” Gilbert Chuah, head of Financial and Lifestyle Services at Consumer Singapore, Singtel, said.