Snooze allows consumers to delay the repayment of an instalment or payment plan by between four and seven days. Customers are assessed using a combination of open banking and soft credit checks in order to offer the buy-now-pay-later feature in real time. If Zilch is alerted to a negative change in a user’s earnings, the platform will suggest the Snooze feature in a bid to maximise their cash flow.
Zilch offers its Snooze function for transactions with all Mastercard merchants, including Amazon, Ebay, iTunes, Nike, and ASOS.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now