Klarna is now one of Europe’s largest banks and is providing payment solutions for 60 million consumers across 170,000 merchants in 17 countries. Klarna offers direct payments, pay after delivery options and instalment plans in a smooth one-click purchase experience that lets consumers pay when and how they prefer to.
Merchants can get paid upfront while their customers pay at a later date. Letting customers Pay later with Klarna is the smoothest way to increase sales and average order value. There are two options offered:
1. Pay later in 30 days: a free payment delay so customers can try before they buy.
2. Pay later in 3 instalments: an interest-free instalment plan for customers who want an alternative to credit.