Klarna partnered with luggage and travel accessories brand Absent.
With this collaboration, Klarna’s interest-free buy now, pay later (BNPL) options are available to Away customers in the United States, Canada and the United Kingdom, Klarna said on Monday (April 29). publish on LinkedIn.
“At Klarna, we are always looking for ways to make shopping easier for our customers,” the company said in the post. “This collaboration marks a significant leap forward in our journey as we continue to expand in the travel industry.”
In yet another recently announced partnership in this sector, Klarna announced Wednesday (24 April) that it has joined forces with Uber to offer users new ways to pay tours and deliveries.
Users in the United States, Germany and Sweden can use Klarna’s Pay Now option to cover the cost of their next trip immediately and in full with a single click, while tracking purchases in the Klara app. Those in Germany and Sweden can also use Klarna’s monthly payment option, bundling purchases into a single interest-free payment.
“Our partnership with Uber, a pioneer in the industry, represents a significant milestone as it will provide consumers with even more flexibility and convenience in the way they pay, even on the go,” Sebastian Siemiatkowskico-founder and CEO of Klara, said at the time in a press release.
On April 22, Klarna said it expanded its partnership with travel company Expediabringing Klarna’s flexible payments offering to US travelers. Klarna already offers installment payments to Expedia customers in the UK, Germany, Finland and Sweden.
“By enabling US consumers to pay now or pay later with Klarna, we are not only making travel more financially accessible, but also improving the booking experience with our seamless payment process,” Erin Jaegerhead of Klarna in North America, said at the time in a press release.
PYMNTS Intelligence found that while credit cards still dominate financing vacation travelBNPL has made significant advances.
Nineteen percent of consumers surveyed said they had chosen BNPL as a payment option, according to “The Credit Economy: How Consumers Are Approaching Holiday Spending and Travel”, a PYMNTS Intelligence and i2c collaboration.
