In August 2019, Zilch released the original Beta Product into the Market in London. The buy now pay later system was revolutionised by the BNPL card introduced by Zilch. The card allows customers to purchase products from various retailers and pay for the product later. The card is used on all the retail stores that use MasterCard as a payment mode and has zero fees charged during payment. Some online shops that the BNPL card can use include Amazon, iTunes, Sports Direct, and eBay.
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According to Zilch, he believes that people should be able to purchase what they need when they need it without being penalised for buying a necessity. Many reviews show that the customers are delighted by the card and see it as the subsequent shopping revolution. Users of the card are given a six week period to pay for the items purchased.
The Zilch card has been able to get $10 million to cover new sign-ups of the card. The Zilch card uses a unique approach which instead of contacting the retailer, he has chosen to deal with the customers rather. The focus on customers has led to the customer base of the card to increase immensely.
The people who have supported the fast-growing Zilch BNPL free-fee card are some entrepreneurs. They include Serge Belamant, a computer scientist with numerous awards and Philip Belamant, a top Fintech company based in Africa. The users of the BNPL card can use the card anywhere anytime and pay conveniently after six weeks.