Klarna to Launch on Google Pay
Hey Payments Fanatic!
Starting next year, Google Pay users in the U.S. can choose Klarna’s interest-free payment options at checkout.
Klarna on Google Pay will provide U.S. consumers the option to pay for purchases starting at $35 in interest-free installments, as well as access to financing plans with competitive APRs.
Sebastian Siemiatkowski, CEO of Klarna, said;“We’re thrilled to bring our fair, flexible, and interest-free payment options directly to Google Pay users. This announcement moves us closer to our vision of having Klarna available at every checkout, everywhere, for everything, all the time. Together with Google, we’re making it easier than ever for millions of shoppers to choose Klarna, empowering consumers to shop confidently with a smarter, more transparent way to pay right at their fingertips.”
Drew Olson, Senior Director from Google Pay said; "People shop on Google more than a billion times per day, and consumers are increasingly looking for more choice and flexibility when it comes to their payment options. By teaming up with pay over time providers like Klarna, we are able to give Google Pay users more payment options when checking out, while providing merchants with another tool to drive growth.”
A lot of interesting news today! Enjoy more Payments industry updates I listed for you below and I'll be back in your inbox tomorrow!
Cheers,
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INSIGHTS
📊 Exploring the Future of Payments: Variable Recurring Payments (VRP), by Token.io👇
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I highly recommend the complete deep dive article by Spell for more interesting info on this topic.
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