According to the press release, Klarna will go live with Michael Kors at the end of July 2020 with many more well-known brands to follow shortly. Moreover, with the launch of ‘Pay in 3’, shoppers can also use Klarna’s recently rolled out app, which allows users to keep track of their payments and pay off existing payments.
Klarna is launching in Spain at a time when the Spanish society becomes more and more digital. According to Statista, revenue from ecommerce in Spain is expected to grow on an annual growth rate of 7.6%, resulting in a projected market volume of EUR 22.9 billion by 2024. Klarna aims to become an essential partner for retailers in Spain in the recovery path by helping them increase sales with its payment solutions.
Across the world, Klarna offers a wide range of products within payments, shopping and personal finances to facilitate the shopping experience, online and offline, including ‘buy now pay later’ services, in-store payment solutions and its new direct-to-consumer shopping app.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.