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Fintech & Ecommerce

Klarna teams up with popular UK brand

Ted Baker will also launch Klarna on its US website by the end of August

Klarna Ted Baker

Klarna teams up with popular UK brand. Source: facebook.com

Klarna has collaborated with Ted Baker thus enabling ‘Pay in 30 days’ and ‘Instalments’ solutions across the UK.

The ‘Shop Now, Pay Later’ experience will let customers pay up to 30 days after the delivery of their order. Meanwhile, Instalments will split purchases into three equal payments scheduled automatically.

The first payment is made at the POS via debit or credit card, with the final two payments being taken at 30 days, followed by 60 days after their purchase.

The report states that Ted Baker will look to extend the plan to additional EU and international markets at a later date.

We are delighted to partner with Ted Baker to offer customers flexible payment methods. Now more than ever, customers are looking for the ability to bring the in-store experience into their homes; by offering customers Klarna’s payment methods, Ted Baker is empowering customers to try before they buy, demonstrating their commitment to the best-in-class e-commerce experience
Luke Griffiths, Vice President at Klarna

We’ve reported that Klarna has launched followable Wish lists for shoppers that allow customers to create, share and follow these lists on the Klarna app.

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