Klarna, the leading global payments provider, bank and shopping service, currently serving more than 250,000 retail partners and 90 million consumers globally, officially launches in France today by introducing “Pay in 3”.
The Swedish fintech, founded in 2005, is now making its mark in a booming e-commerce market, with the ambition of revolutionizing the online shopping experience.
With the launch of “Pay in 3” (“Paiement en 3 fois”) French shoppers will be able to securely purchase their products from their favorite 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.