Overview

• Through a multi-year agreement with Visa, Zilch will distribute its first physical payments card to existing users from September 2025
• The card will operate on Visa’s global network, allowing purchases in stores and for hotel stays, car rentals and home maintenance projects under Zilch’s buy now, pay later instalment plans
• Until now, Zilch has provided a virtual card that links to users’ debit accounts for flexible, ad-supported payments in apps and digital wallets
• New UK legislation introduced last month imposed stricter standards on buy now, pay later providers following concerns that some users were taking on excessive debt
• Founded five years ago in London, Zilch has grown to over five million customers and was valued at $2 billion in 2021