Klarna to launch on Google Pay to offer interest-free payments
By Gloria Mathias
Klarna, the AI-powered global payments network and shopping assistant, will soon be available on Google Pay. Beginning next year, Google Pay users in the U.S. can choose Klarna’s interest-free payment options at checkout.
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 of 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 overtime providers like Klarna, we can give Google Pay users more payment options when checking out while providing merchants with another tool to drive growth.”
Klarna on Google Pay will offer Google Pay consumers in the U.S. the flexibility of interest-free instalments on purchases starting at $35, along with financing options with competitive APRs. Users will be able to manage their purchases seamlessly in the Klarna app, tracking deliveries, handling returns, and managing repayments all in one place. This integration will make flexible payment options even more accessible for Google Pay users, who can soon shop and pay with Klarna directly from their devices.
With 85 million active consumers and over 600,000 merchants, Klarna is a continuously expanding commerce network and the most popular global BNPL provider. Recently expanded partnerships with payment service providers and digital wallet providers are connecting Klarna to more consumers. Klarna’s growing commerce network aims to provide smart shoppers everywhere with a fairer, more flexible alternative to traditional credit, making Klarna’s payment solutions available wherever consumers shop.
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage