back Back

FinTech Klarna launches in France with Pay in 3 solution

By Megha Bhattacharya

June 08, 2021

  • FinTech
  • France
Share

Klarna, the global payments provider, officially launched in France today by introducing “Pay in 3”. With the launch of “Pay in 3” (“Paiement en 3 fois”) French shoppers will be able to securely purchase their products from their online stores and spread the cost of their purchase over three interest-free payments, charged every 30 days.

Klarna is also introducing the Klarna app which offers consumers convenience, inspiration and value throughout the whole shopping journey. In the app, consumers will be able to see pictures of purchased items, keep track of and manage their payments, save favorite items to wish lists, receive price drop notifications on saved items as well as track their carbon emissions.

“The French retail and payments landscape is one of the fastest evolving markets in the world, as consumers embrace digital payments and online shopping at record pace. This is an exciting time to launch in France and I believe Klarna can really make a difference to French consumers, making it easy to shop and pay in a way that suits them – allowing them to take control of their money and purchases with complete security, transparency, with no interest and no hassle. We already work with leading French brands on a global level. I can’t wait to start working with more French retailers to help them grow their business both in France, and internationally”, said Sebastian Siemiatkowski, CEO and co-founder of Klarna.

Klarna will set up shop with a local team and office in Paris adding to its European offices in Germany, the UK, the Nordics, the Netherlands, Belgium, Spain and Italy.

“We are very excited to bring our shopping solutions to France. Our seamless online shopping experience for consumers combined with our global expertise from working with over 250,000 retailers will help French retailers meet consumers’ rapidly increasing demand for smarter, flexible and more personalized shopping experiences. We are absolutely focused on becoming French retailers preferred growth partner and help them build loyal and satisfied customers in the long term”, said Eric Petitfils, Head of Sales and Partnerships France at Klarna.

Previous Article

June 08, 2021

Swedbank invests in new savings platform along with FNZ

Read More
Next Article

June 08, 2021

Instamojo aims to empower 100k DTC brands by the end of 2021

Read More








IBSi Daily News Analysis

cybersecurity

April 18, 2024

FinTech

GCC banks bolster Cybersecurity measures to combat email fraud

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 17, 2024

Ozone API and Thistle Initiatives help banks prepare for PSD3

Read More

April 17, 2024

Codebase Technologies launches Digibanc SME Financing platform

Read More

April 17, 2024

Worldline partners with RiskQuest to streamline credit checking

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023