3 countries join the U.S., Canada, and UK in offering the ability to pay with installments when checking out online and in person with Apple Pay
Klarna, the global digital bank and flexible payments provider, announced that its flexible payment products are now available when checking out on Apple Pay in Denmark, Spain, Sweden. The launch brings even greater flexibility and transparency to Apple Pay customers in these countries, with Klarna available to eligible users checking out online and in-app with an iPhone or iPad, and in-store on an iPhone.
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The expansion builds on successful launches of this feature in the US, UK and Canada, where millions of customers have checked out with Klarna through Apple Pay. Klarna is one of the first buy now, pay later providers to be available on Apple Pay in these countries, offering consumers a seamless, flexible way to pay. Customers in France will be able to check out with Klarna on Apple Pay in the coming weeks.
“After the fantastic response in the US, UK, and Canada, I’m super excited to bring Klarna on Apple Pay to tens of millions of consumers across Europe,” said Sebastian Siemiatkowski, Co-founder and CEO of Klarna. “Our continued expansion into even more countries will give even more people the freedom and flexibility to choose how and when they pay — all with the seamless, secure Apple Pay experience they already love and use.”
Eligible customers can split purchases into three monthly installments, or pay up to 30 days later, always interest-free. Customers can also spread the cost of higher-value items over a longer period, with competitive interest rates starting from 0%.
When paying on Apple Pay, in person, online or in-app, customers select Klarna at checkout, and then tap Pay Later to view their available Klarna products. Customers can then select the installment plan of their choice and complete the seamless payment process through Apple Pay. Before approval, Klarna applies its industry-leading underwriting to ensure responsible lending, with no impact on the customer’s credit score.
Apple Pay provides users with an easy, secure and private way to pay. As with all Apple Pay purchases, when a user pays with a Klarna installment plan with Apple Pay, Apple doesn’t retain any transaction information linked to the user.
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