Online marketplace Etsy will introduce Klarna’s buy now, pay later tool to its platform.
In Brief:
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It is available in the US from this week.
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The business plans to roll out Klarna across “core markets” next year.
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Customers can now buy items on Etsy with a flexible, interest-free payment plan.
What does this mean?
Klarna has noted that a large proportion of Etsy customers are Millennial and Gen Z, who it says will benefit from flexible payment options. It says the solution affords shoppers “greater financial control and convenience”.