Payments FinTech Zilch has announced the launch of a new white-label tool powered by lastminute.com which is designed to making booking and paying for holidays easier.
Zilch Travel enables its customers to search, book, and pay for holidays, hotels and flights via the company's app.
Users can pay for holidays using their virtual Zilch card, earning up to three per cent back in rewards on their travel bookings.
Customers can also opt to spread the cost of their trip with interest-free payments over six weeks or three months.
According to the Buy Now, Pay Later (BNPL) company, travel is one of the fastest growing categories for the business, with 140 per cent year-on-year growth as customers seek "more flexible" ways to fund their trips.
"In 2025, travel is no longer a luxury - it’s a professional and family priority, with 84 per cent of UK consumers exploring destinations at home or abroad, they’re spending over £72 billion on overseas holidays alone in 2023," said Philip Belamant, chief executive and co-founder of Zilch. "Zilch Travel is designed to give our customers what they’ve been asking for, three years into an unprecedented cost-of-living squeeze: the convenience, security, and flexibility to design and pay for their trips seamlessly within the regulated app they trust to manage their money."
Belamant added that the move is another way the company is expanding its share of wallet.
It follows the introduction of the company's Pay over 3 Months product for bigger-ticket purchases, which has helped boost total sales on the Zilch platform to over £3.6 billion since launch and double its revenues for three years running.
"This new offering will seamlessly combine lastminute.com’s cutting-edge platform for booking holiday packages, hotels, and flights with Zilch’s fantastic, flexible payment options," said Alessandro Petazzi, chief executive of lastminute.com "This will allow consumers to earn cashback rewards or spread the cost of their holiday purchases interest-free."
Petazzi continued: "With more than twenty-five years of experience, we know that holidays are the one ring-fenced purchase everyone makes annually, this is why we will continue to invest in FinTech solutions and flexible payment options to enhance personalisation and empower people to pay on their terms.”
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