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
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.