Klarna, our strategic payment solutions partner, officially launches in New Zealand today by introducing ‘Pay in 4’.
Pay in 4 allows consumers to buy online and split their purchases into four interest-free equal payments through both the Klarna app and directly via integrated partner retailers. We are extremely excited and proud of Klarna for reaching out into new markets and diversifying their portfolio. They are a great example of the surge of businesses successfully expanding overseas, even during an economic downturn.
Having launched in Australia just last year in partnership with Commonwealth Bank of Australia, Klarna’s global expertise and services will help New Zealand retailers meet consumers’ rapidly increasing demand for smarter, flexible and more personalised shopping experiences that better suit their lifestyle.
Klarna CEO and Co-Founder Sebastian Siemiatkowski said:
“Klarna is focused on elevating the shopping experience for consumers. Retail is changing at a rapid pace and more than ever, consumers demand transparent and intuitive services which better meet their needs. We know Kiwis are sophisticated online shoppers who seek convenience but are mindful of smart spending and are moving away from traditional forms of credit with interest and fees. That’s why Klarna focuses on offering innovative shopping solutions that allow consumers to take control and shop on their own terms, saving them time and eliminating hassle.”
Country Head of Klarna New Zealand & Australia Fran Ereira said:
“We are so excited to launch in New Zealand and have a pipeline of great retailers who will be launching with us in the near future, including the Cotton On Group, Hanes Group, Kookaï and a range of other big names. Our innovative Shop Anywhere function already means you can use Klarna at virtually any retailer.
The response from consumers and retailers since our launch in Australia has been incredibly positive, with more than 600 retailers partnering with us and well over 750,000 consumers in just over a year, and we’re conident New Zealanders will have a similar positive reaction. Watch this space, because we’ll also have plenty of product enhancements to introduce in the coming months.”
Founded in 2005 in Stockholm, Klarna offers a wide range of products within payments, shopping and personal finances to make it easier for people to shop, pay and bank. Today more than 90 million consumer use Klarna globally, and the company partners with over 250,000 retailers across North America, the UK, Europe and Australia, including H&M, IKEA, Macys, Sephora, Expedia Group, Samsung, ASOS, Abercrombie & Fitch, Nike and AliExpress.
To find out more about Klarna, visit their website here.