Zigzag, 'Z Payment' Surpasses 2 Million Users in Just One Year Since Launch

[Asia Economy Reporter Kim Cheol-hyun] Croquis.com (CEO Seo Jeong-hoon) announced on the 1st that the number of users of 'Z Payment,' an integrated payment system independently developed by the women's shopping app 'Zigzag,' surpassed 2 million just 1 year and 2 months after its launch.

Z Payment is an integrated payment service that allows users to add products from different shopping malls listed on Zigzag to their cart and purchase them all at once. Since opening Z Payment in October last year, Zigzag has added various new features to enhance user convenience.

As word of mouth about the convenience of payment spread, success stories of shopping malls have been emerging, such as monthly sales increasing up to 22 times after introducing Z Payment and over 150 sellers achieving monthly sales of 100 million won. The proportion of payments made through Z Payment accounts for more than 80% of the total transaction amount on Zigzag. Accordingly, the cumulative payment amount through Z Payment has exceeded 500 billion won.

Seo Jeong-hoon, CEO of Croquis.com, said, "As the platform with the most domestic fashion SOHO malls listed, we have provided users with a convenient shopping experience through the innovative service Z Payment, and created a structure where sellers can easily sell a wider variety of products to customers. Through technological development, we will continue sustainable growth with sellers and take the lead in expanding the Dongdaemun fashion market, which is known to be worth over 15 trillion won annually."