Klarna brings flexible payment options to Apple Pay for in-store use

Investing.com -- Klarna has expanded its partnership with Apple Pay to offer flexible payment options for in-store purchases on iPhone in the U.S. and UK.

Starting Monday, eligible Apple Pay users can access Klarna’s payment offerings, including interest-free installment plans when shopping in physical stores. This builds on last year’s collaboration that brought Klarna’s payment options to online and in-app Apple Pay transactions.

"Apple Pay is one of those products that consumers across the world genuinely love, for its ease, security and privacy," said Sebastian Siemiatkowski, Co-founder and CEO of Klarna. "Offering Klarna as part of that experience gives people more. This is another big step in making Klarna part of everyday spending for millions of consumers, both on and offline."

In the U.S., shoppers can select Pay in 4 to split costs into four interest-free installments for purchases over $35, Pay Later to pay the full amount within 30 days interest-free, or Financing for monthly installments on larger purchases.

UK customers can choose Pay in Full for one-time payments, Pay in 3 to split into three interest-free installments, or Pay Later to pay the full amount within 30 days interest-free.

To use the service, customers select Klarna at checkout when paying with Apple Pay, tap Pay Later to view available installment plans, choose their preferred option, and complete payment through Apple Pay. Klarna applies its underwriting process before approval to ensure responsible lending, with no impact on customer credit scores.

Apple Pay maintains user privacy by not retaining transaction information linked to users. The service is available on iOS 26 or later.

Klarna, which has more than 111 million active consumers worldwide, continues to expand its commerce network with the goal of being available at every checkout.

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