Finance & Economics

Klarna enters into 5-year partnership with major US brand

One more company allows its customers pay in 4 installments

Klarna partnership

Klarna enters into 5-year partnership with major US brand. Source: unsplash.com

Klarna has partnered with Macy’s, an American department store to offer customers the ability to elect to pay in 4 equal, interest-free installments at online checkout.

Within the department store segment, Macy’s is one of the first companies to offer its customers Klarna’s buy now, pay later option.

This solution appeals to customers who increasingly prefer alternative ways to pay, flexibility, and convenience.

Macy’s is the shopping destination for American consumers, synonymous with quality, style, and celebration. Klarna is delighted to partner with Macy’s as the shift to online retail accelerates and the company continues to innovate and enhance its digital offerings to meet evolving consumer expectations, for which smart and flexible payments are essential. This strategic collaboration is firmly rooted in a shared obsession with offering a superior innovative shopping experience that builds lasting connections with consumers
Sebastian Siemiatkowski, CEO of Klarna

In addition to integrating the Klarna Pay in 4 option, Macy’s announced to become an investor in Klarna.

We’ve reported that Klarna has teamed up with Missguided to provide its US-based e-commerce customers with buy now, pay later options.

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