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Zip bags Woolies biggie

Buy now pay later specialist Zip Co has signed a deal with retailer Big W - its third distribution agreement with a major retail group this year.Zip announced last week that it expected to go live some time in the first half of 2019/20 with the chain, offering interest-free payment options to Big W customers.In May, Zip announced a partnership with Kmart Australia, which has 200 stores and A$6 billion of revenue.And in February it announced that CW Retail Services, which operates the Chemist Warehouse chain of 400 stores, would offer Zip payment options to its customers.The company reported that transaction volumes rose 108 per cent in 2018/19 and customer numbers rose 80 per cent.

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