Recently, our readers have been asking us “is Quadpay safe?” They want to know if their money is really safe while using Quadpay. However, that’s what we shall be addressing in this article.

QuadPay which is also called Zip is a high-tech payment platform that lets their subscribers pay for their purchases on a two weeks interval without interest or hidden charges on the four-time basis spread over six weeks at any shop that uses Visa for transaction. Most users call it “buy now and pay later”.

Interestingly, you can use Quadpay for both in-store and online transactions. Quadpay like other financial institutions is secure, hence, this article on “Is Quadpay Safe? Is designed to enlighten you on the genuine nature of Quadpay and other related aspects of this article.

All the financial transactions Carried out using Quadpay are secure, the mobile app is encrypted which means that it is very safe because your privacy is protected and all your personal information is kept confidential at all times, also most of their transactions are carried out electronically.

This article on “Is Quadpay Safe? Is for you most especially if you have not used it before, stay tuned as I have penned down all you need to know about the genuity of Quadpay and how you can benefit from their excellent financial services.

How Does Quadpay Work?

The working principle of Quadpay is very simple and easy, anyone can use it. But if you don’t know how Quadpay works, follow these simple approaches and thank me later

Select the Quadpay option when you check-in at retailer shop
Connect a functional credit or debit card to your Quadpay account
Quadpay app will automatically divide your bill into four-time basis and it will be deducting the money from your selected card on schedule
With the help of algorithm, Quadpay approves your purchase deal within few minutes if you meet their criteria.

However, if Quadpay approves your purchase deal, you will only be required to pay the 25% of your amount while the remaining 75% will be paid on schedule over the next six weeks interval.

Is Quadpay A Credit Card?

Yes, Quadpay is a credit card that permits their users to earn miles and cashback on all the goods you buys. Though Quadpay credit limit is relatively low(about $300), but their reward rate is handsomely huge.

With these features, both high and low income earners can use Quadpay. However, these benefits on Quadpay is enjoyed by their users who spend lots of money on purchases.

Meanwhile, Quadpay is just like a virtual credit card but it’s different is that Quadpay has benefits. However, it is recommended that you compare it with other cards before you can make your choice on which one that is preferable to you.

Advantages Of Shopping With QuadPay

There are numerous benefits accruing from using Quadpay to shop, most importantly, it ease your financial burden by granting you financial peace of mind.

Some Of The Benefits Of Using Quadpay For Shopping Include But Are Not Limited To:

No interest fee and extra costs.
Quick in financial transactions
It approves your purchase deal instantly
There is no routine check of your credit card
It is very easy to manage your account
It gives their subscribers rewards credit card points
It gives you options for multiple installments at a time without charges
It returns or refund your money is you mistakenly pay more than your fees.

How Much Does Quadpay Cost?

Quadpay doesn’t charge a dime for their services. But if you miss your payment day, they will charge you $7 for the first day that you missed your payment, and you will also be charged extra $7 if your payment is seven days late.

However, if you have reasons that you think you can’t meet up with I payment date, you can contact Quadpay customer service and explain to them ahead of time, if you are lucky, they may shift your payment date, though it is not guaranteed in some occasions.

Is Quadpay Safe?

Yes, Quadpay is very safe. All the financial transactions using Quadpay is secure, the mobile app is encrypted which means that it is very safe because your privacy is protected and all your personal information is kept confidential at all times, also most of their transactions are carried out electronically.

However, it is pertinent to bear it at heart that even though Quadpay doesn’t carry out routine check on your credit check, the company in some instances may report late payments should you fail to pay at the scheduled date to major credit reporting bureaus.

And when they do this, there are tendencies that your credit score would be negatively affected, to avoid this it is better to pay at the scheduled date and should anything happens that you won’t meet up, you should contact their customer service ahead of time and explain to them.

Meanwhile, Quadpay as an online digital banking app helps you to buy goods and pay later on installments basis. Their working principle is pretty easy but it is recommended that you understand their business terms before you transact with them. Quadpay has many payment options where you can select any of it that suite your choice.

How Do You Get Approved For QuadPay?

Before you can use Quadpay, there are some certain criteria that you have to meet before you can benefit from their buy now and pay later services.

Some Of The Requirements That You Must Meet Before You Get Approved For QuadPay Are:

Ensure that you are 18 years and above
Your citizenship must be that of the United States
Ensure that you have a valid and verifiable mobile number
You must have the financial capacity to buy goods with your credit or debit card

What Is The Minimum Credit Score For Quadpay?

Currently, Quadpay doesn’t have a minimum credit score because they don’t offer credit checks before they accept customers. Hence, once you join Quadpay, your credit scores will remain the same. Interestingly, they offer you options to make several orders at a time as far as your budget can carry it.

Quadpay App

It is an online banking app that permits you to buy your favorite goods and pay later. The app allows you to buy goods and pay in two weeks interval on the four-time basis.

This app helps you to ease your financial burden. You can download the app from google playstore and use it for online shopping.

How To Sign Up For Quadpay

Signing up for Quadpay is very simple, all you need to do is:

Download the app from google playstore

Choose the Quadpay option at checkout or you can create a new account on their website
After that, entee your date of birth
Fill in your telephone number
Provide the details of your debit or credit card.

Does Quadpay Hurt Your Credit?

No, Quadpay doesn’t hurt your credit card.

It doesn’t have any negative effect on your credit score through their credit checks because they don’t report or reveal your credit card to the major credit bureaus.

But if you didn’t meet up with the payment schedule, Quadpay may report you to the major credit bureaus, and once that is done, it will have negative effect on your credit score.

What Happens If I Don’t Pay QuadPay?

If you didn’t meet up with the payment schedule at first payment, you will be charged extra $7 late fee, and if your charges are unpaid for another seven days, Quadpay will charge you extra $7 late fee. Hence, it is best to contact their customer service ahead of the scheduled payment date if you have challenges of meeting up with the payment date.

Is It Safe To Use Quadpay?

Yes, it is very safe to use Quadpay. Quadpay is secure, the mobile app is encrypted which means that it is very safe because your privacy is protected and all your personal information is kept confidential at all times, also most of their transactions are carried out electronically.

How Good Is Quadpay?

Quadpay or Zip is very good because it has excellent rating. According to Trustpilot, Quadpay is very good because according to their assessment, most of the Zip users testifies that the app is very simple to use and their payment plan is too notch.