Klarna and Airbnb partner to provide flexible payments for guests
By Delisha Fernandes
Klarna, an AI-powered payments network and shopping destination, announced its partnership with Airbnb to provide guests in the US and Canada with flexible payment options.
Guests in the US and Canada can now apply to pay for stays in four interest-free instalments over six weeks, and for bookings over $500, guests in the US can use to pay monthly. More markets will be added throughout the year.
With Klarna’s seamless, sustainable, and flexible payment solutions, booking a hilltop holiday home, cosy cabin, or oceanfront oasis has never been more convenient and accessible.
”We are thrilled to team up with Airbnb and bring Klarna’s flexible services to travellers worldwide!” said Sebastian Siemiatkowski, Co-founder and CEO of Klarna. “We know that one of the top requests from Airbnb guests was more options to pay for their stays, so we are super excited to offer interest-free payment options and support their mission to create a world where anyone can belong anywhere.”
According to Payments Journal, 84% of consumers indicated they were more likely to use an installment option such as “Buy Now, Pay Later” (BNPL) to pay for their trip. This is further evidence of BNPL’s growing popularity in the US, as Klarna sees more than 7 million monthly active app users and 34 million consumers across North America. Airbnb is the latest retailer to join Klarna’s network of 500,000 partners globally as the company expands into the travel and experiences sector.
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage