Klika rings the cash register with zipMoney

·       Launches an affordable, flexible credit line for Klika customers

·       Introduces new branded products and a flat rate shipping

MELBOURNE – 24 July 2015 – Klika, one of Australia’s top 20 online retailers, announced today that it will be the largest Australian online department store to partner with zipMoney, a socially responsible online credit provider, which recently announced its upcoming listing on the ASX.

Approved customers will need to purchase a minimum of $300 on Klika to qualify for either a $1,000 or $3,000 re-usable credit line. Customers will be able to shop interest free using their digital wallet at Klika or any other affiliated merchants.

Leo Zaitsev, Klika’s Director of Commercial Operations said, “Klika is delighted to partner with zipMoney to simplify our customers’ online shopping experience. By offering zipMoney as a new payment option, Klika customers will have the added ability to surprise their family and friends by sharing or gifting some of Klika’s latest products.”

“On average, Klika’s customers spend around $300 on each transaction and we believe zipMoney provides an added incentive for them to make Klika their single destination for all of their shopping needs. We are confident that zipMoney’s competitive offering will have the potential to contribute towards 15 percent of Klika’s annual online revenue in the next 12 months.”

Larry Diamond, CEO and Co-founder of zipMoney said, “We are delighted to be working with Klika, a leading top 20 online Australian retailer. As more Australians move to online shopping, they demand an affordable and seamless way to pay. In offering customers a zipMoney option at checkout, Klika will maximise its customer value and deepen their relationships.”

zipMoney has been specifically designed for online shopping. It offers an advanced and secure checkout with new customer accounts approved and activated in minutes. Customers have the flexibility to choose how they make their repayments on affordable terms to zipMoney, whilst taking advantage of a minimum of a three months interest free period on all purchases.

To celebrate the launch of Klika’s partnership with zipMoney, Klika customers will now enjoy a flat shipping fee of A$9.95 across Australia for all applicable purchases. Klika has recently added to its range of private labels, a new range of branded products including bedding from Jason, educational toys from Colorific, Disney licensed toys and bedding. A new range of branded home appliances launched on Klika includes Morphy Richards, VTech, Uniden, Belkin, Oricom and Heller.

Klika offers over 1,000 products to shoppers including fitness equipment, tools, home living, music instruments and outdoor furniture. It had an annual turnover of A$15 million in 2014 and operates out of a 15,000 sqm central warehouse in Oakleigh South, Victoria.

ENDS

Note to Editor: A hi-res image of Leo Zaitsev can be downloaded from here https://www.dropbox.com/sh/ajf06rcu4yvb05v/AAAHvsELmv-eC3Xa5Yj7qZ6Ba?dl=0

About Klika

Klika is an Australian company and has been the online shopping destination that Australians have trusted since 2005. Ranked as one of Australia’s Top 20 Online Retailers by Smart Company in 2015 and more recently as StarTrak ORIAs People’s Choice Award, Klika offers a range of high quality and innovative products that are available exclusively through its online store. Klika personally sources and tests all products to ensure they are designed to meet the rigours of everyday use in Australia. For further information, visit www.klika.com.au

About zipMoney

Founded in 2013, zipMoney is a leading fin-tech company providing digitised retail finance solutions to the Australian marketplace. The group offers real-time credit to consumers and provides integrated cloud solutions to merchants both online and in-store. zipMoney is a licensed and regulated credit provider managed by a team with over 35yrs experience providing point-of-sale finance solutions. For further information, visit www.zipmoney.com.au