Klarna signs payment deal with Samsung

October 16, 2019 | Payments
Written by FinTech Alliance
Klarna signs payment deal with Samsung

Snoop Dogg backed FinTech Klarna has signed a deal with Samsung for online payments.

In Brief:

  • Samsung.com shoppers will now be able to pay through Klarna.

  • This will mean they have the option to pay within 30 days, in three monthly  payments, or over up to four years.

  • Samsung hopes this will offer customers more flexibility.

What does this mean?

Samsung is making efforts to enhance the customer experience and drive traffic to its website, which should encourage people to buy their electronic goods directly from the vendor. Klarna is currently used by around 60mn end users across about 170,000 merchants, so it’s likely many customers will choose the option when it comes to paying for their phones, TVs or household goods.

Read more here.

 

More in Payments

Checkout.com makes first acquisition
Payments
February 26, 2020

Checkout.com makes first acquisition

Payment processor Checkout.com has acquired French startup ProcessOut In Brief: ProcessO...

Laybuy partners with Mastercard
Payments
February 12, 2020

Laybuy partners with Mastercard

Kiwi FinTech Laybuy has partnered with Mastercard. In Brief: Laybuy is a buy now, pay la...

Australia considers intervention to promote local payment provider
Payments
February 05, 2020

Australia considers intervention to promote local payment provider

Australian regulators are considering intervening to stop banks automatically directing payments thr...

There are no Knowledge Bank in this category

Money 20/20 Europe

Money 20/20 Europe

When: Jun 16th - Jun 18th, 2020
Where: RAI Amsterdam, Amsterdam , GB
Price: £1,700