Jetstar customers can now book flights using Aussie buy now, pay later platform, Zip. The collaboration is an expansion of the Qantas partnership announced earlier this year and offers more flexible payment options for Jetstar customers – just in time for the holiday season.
What does the Jetstar and Zip deal mean for Aussies?
Both Zip’s innovative products Zip Pay and Zip Money will be available for eligible Jetstar customers. Zip Pay allows customers to flexibly pay for purchases of up to $1,000 (interest free), while Zip Money facilitates purchases of up to $10,000 (up to 6 months interest free).
Recent Zip survey data showed that more than 90% of Australians are planning to book a trip or have a holiday planned in the next 12 months. BNPL users are also more likely to travel in the next 12 months compared to the average Australian over 18 and of BNPL users, 57% said they would also consider using Zip to pay for travel and accommodation.
The partnership was also timely, going live to customers just in time for Jetstar’s 24-hour Black Friday Fare Frenzy last week, with Club Jetstar Members having exclusive access from last Thursday. Zip’s 2022 Retail Barometer Report showed that almost half (49%) of Black Friday and Cyber Monday shoppers would be spending on travel and accommodation.
What does the partnership mean for Zip and Jetstar?
Zip’s Managing Director for ANZ Cynthia Scott said, “We know our clients are ramping up to travel – as we enter into the holiday season – so we are thrilled to partner with Jetstar to provide travellers with more flexible ways to pay for their fares. Plus, having partnered with Qantas in May, this was the next step as we expand our presence in the travel space.”
“We are also particularly excited to give travellers access to our Zip Money product for those larger purchases – with up to 6 months interest free over this busy holiday period. We are proud to offer innovative solutions to better help clients budget and manage their cash flow.”
Jetstar Chief Customer and Commercial Officer, Alan McIntyre commented, “Our research shows that after the pandemic customers are prioritising travel and travel experiences. We are seeing extremely strong bookings across our extensive network of domestic and international destinations, particularly as we head into the peak holiday season.”
“Options like Zip help provide customers more choice in how they pay and plan their travel, and together with our low fares, travel is now more affordable and convenient than ever.”