As part of our approval process, we may conduct a pre-authorisation hold on your specified credit or debit card to ensure it is not being used fraudulently. The amount charged will never be greater than your first instalment due for the order. The pre-authorisation is immediately voided or reversed by Zip, which means that the funds should not be withheld from your account. The duration of the pre-authorisation hold varies depending on bank processing times.
Please note, this is not a charge, and Zip does not receive any funds associated with the pre-authorisation.