Can't afford a holiday right now? Airline's new payment method
Want to go on a holiday but can't really afford to pay the cost of the flight in one lump sum?
Not to worry - budget airline Tigerair has announced passengers can now pay off their flights in instalments using payment provider Zip.
The low-cost carrier is the latest airline to take up the fly now, pay later model after Jetstar introduced a similar concept last year using Afterpay.
The scheme will be up and running by the end of April, meaning travellers will have interest-free payment options on international and domestic fares.
Passengers can book multiple fares to a limit of $3000 and have 60 days to repay in full before they incur any charges.
Those who take up the scheme can pay back in weekly, fortnightly or monthly instalments.
Tigerair Australia head of communications Vanessa Regan said the payment option complemented Tigerair’s low-cost model and provided customers with more choice.
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“As the first airline in Australia to use the interest-free payment method, we are confident Zip’s payment platform will be popular with our core market of budget and leisure travellers," Ms Regan said.
“The Zip solution is a great fit for Tigerair and the partnership delivers on Zip’s strategic focus and it will allow us to build upon our presence in the travel space," Zip CEO Larry Diamond added.
“We look forward to our first airline partnership taking off later this month."
