Apple, Klarna collaborate on BNPL


The tech giant has linked with the Swedish buy now, pay later provider to offer Apple Pay customers in the U

The announcement marks Klarna's latest move to expand its buy now, pay later services. For instance, on Oct. 1, Klarna announced the opening of the 'Apple from Klarna' online storefront, which lets customers pay for Apple products in monthly installments. 

Well-known companies that have joined Klarna's retail network in the last year include Uber, StubHub, New Balance, Electronic Arts and StitchFix, the news release said.

In mid-June, Apple announced it would offer a BNPL option from the San Francisco-based buy now, pay later company Affirm, which at the time was a competitor.

Days later, Apple said it would discontinue its own BNPL offering, Apple Pay Later, which it first rolled out in March 2023.

The tech company officially launched the Affirm option on Apple Pay in September.

And Apple spokesperson did not immediately respond to questions about what other buy now, pay later companies the tech titan may seek to partner with.


By Patrick Cooley on Oct 18, 2024
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