Klarna, the leading global payments provider and shopping service, that already serves over 200k merchants worldwide, officially launches in Spain by introducing ‘Pay in 3’. Shoppers who use Klarna in a retailer’s checkout will be able to buy online and split their purchase into three equal payments with no added interest. Klarna will go live with Michael Kors at the end of July with many more well-known brands to follow shortly.
With the launch of `Pay in 3′ (“Paga en tres plazos”), Spanish shoppers will be able to securely purchase their goods from their favourite online stores and spread the cost of their purchase over three instalments, charged every 30 days. The payment solution comes at no interest or fee when users pay on time. Along with the new offer, Klarna will also introduce the Klarna app shortly which allows users to keep track of their payments, pay off existing payments, as well as find inspiration.