Zip sent out a notice to retailers yesterday about a 10% increase in the cost of Zip as a payment option for retailers.
For what it’s worth, I think advising customers the cost of payment platforms like Zip and Afterpay is worthwhile in helping customers understand the costs of business.
I was in a shop a few months ago where a customer making a $300 purchase and using Afterpay to pay was yelling, yes, yelling, as the sales associate demanding a discount. Customers don’t see the cost of business sometimes. In this situation I saw, the customer may have been calmer had they understood their payment method off choice cost the business a decent chunk.