Qantas offers customers BNPL payments through Zip
Qantas has started accepting buy now, pay later (BNPL) payments for domestic and international flights after teaming up with Zip.
Qantas Loyalty CEO Olivia Wirth says this is the first time the airline has partnered with a BNPL provider to offer the payment option for flight bookings.
“After two years of restricted travel Australians are making up for lost time. Domestic travel is back at pre-COVID levels while international travel is building back strongly to destinations like the United States, Europe, Bali and Fiji,” she says.
“The option to BNPL through Zip gives our customers more choice in how they pay for their flights. With Zip, they can spread the cost over time choosing flexible repayments and also earn Qantas Points on the payment as well as the flight itself.”
Wirth adds: “While our 14 million frequent flyers all have different spending habits and payment preferences, we know that financial services are one of the most popular ways to earn points. Being able to earn points on BNPL purchases through Zip Rewards when shopping online or in-store is something that will appeal to many of our members.
“We know that Australians love Qantas Points, so we’re continuing to develop new partnerships like this one with Zip to give our frequent flyers more ways to earn points. It helps keep members engaged in the program and ultimately drives value for our business.”
Zip ANZ managing director Cynthia Scott says Zip is giving freedom and choice back to customers by giving them the option to pay for their trip before they go or when they get back.
“We want Zip to be the first payment choice everywhere and every day and partnering with leaders in travel like Qantas will help get us there sooner,” says Scott.
“Our research shows that BNPL users are more likely to travel in the next 12 months compared to non-users. This means our alliance with Qantas is incredible news for our 3.1 million customers. In fact, more than 75 per cent of Zip customers intend on travelling in the next 12 months.”
Qantas Loyalty offers points on a number of financial services products including credit cards with all the major banks, home and personal loans, insurance, Qantas Travel Money and investment and wealth management solutions.
Qantas customers will be able to use Zip Pay or Zip Money as a payment option on domestic and international Qantas flights departing from Australia booked through qantas.com.
New and existing Zip customers can choose to earn Qantas Points through Zip Rewards by linking their Qantas Frequent Flyer account in the Zip app. As customers reach their Zip Rewards Goal, they can choose to redeem a $20 Zip cashback or 500 Qantas Points.