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Zilch expands with new membership tiers and payment features
Fintech

Zilch expands with new membership tiers and payment features

2h ago

Zilch has announced its largest product expansion to date, introducing two new membership options for users. The intelligent payments platform is rolling out Zilch Extra and Zilch Plus, adding greater flexibility to its existing offering.

The new tiers are designed to give customers enhanced benefits. Alongside these, Zilch is launching Zilch Advance, an open banking salary advance feature, and Pay Monthly, which lets eligible shoppers spread purchase costs over up to 12 months.

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Zilch Advance leverages open banking to provide salary advances, while Pay Monthly responds to growing demand for longer-term installment options. Both features are available to eligible members, though the company did not specify the criteria for eligibility.

This update marks the most significant product milestone since the platform's initial launch. By introducing tiered memberships and new payment tools, Zilch aims to strengthen its position in the competitive payments and buy-now-pay-later space, offering consumers more control over how they manage transactions.

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Source: Finextra