Buy now, pay later (BNPL) company Klarna has announced the launch of its physical card in the UK.
Klarna Card will enable consumers to use the flexible payment option in-store, wherever cards are accepted.
The card launches with Klarna’s Pay in 30, which allows consumers to pay anytime up to 30 days after purchase, with plans to add additional payment options in the future. Klarna’s Pay Later products are a fairer and more sustainable alternative to traditional credit, providing payment flexibility with clear payment schedules, no interest and, in the case of Klarna, no late fees.
The card has already been used by 800,000 consumers in Sweden and Germany. Klarna also plans to roll out the card in the US.
