Klarna has extended its partnership with eBay to offer Buy Now, Pay Later (BNPL) to US shoppers.
The move comes after the two companies joined forces in December last year to launch flexible payment options for the online marketplace’s European customer base, including for shoppers in the UK, Austria, France and Italy.
Since launching, eBay said that it has seen customers in these countries split payments to access higher-ticket items such as pre-loved luxury watches.
Shoppers are most likely to purchase electronics, fashion and collectibles when paying with Klarna.
Users in the US can now pay for eligible eBay purchases using Klarna’s flexible payments options including Pay in 4, which allows customers to split their purchase into four interest-free payments as well as financing, which offers flexible payment plans for larger purchases.
The e-commerce giant said the move reflects its investment in bringing more choice, flexibility and control to buyers whilst enhancing affordability across key categories.
The move comes after eBay announced earlier this month that it is partnering with digital payments platform Checkout.com to expand its global payment platform capabilities.
eBay said the move would improve customer experience and drive operational efficiencies.
“With more than 2.3 billion listings, eBay is where people come to shop with purpose—whether they’re looking for value, rare finds, or sustainable options such as a refurbished camera, hard-to-find car part, or a vintage handbag,” said Avritti Khandurie Mittal, VP & general manager of global payments and financial services at eBay. “We are thrilled to expand our global strategic partnership with Klarna to the US, we’ve been very pleased with the positive customer and business impact Klarna has delivered in some of our key markets including the UK and Europe, and we’re now excited to give millions of US shoppers more flexible and affordable ways to pay on eBay.”
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