eBay and Klarna have announced the expansion of their strategic partnership to key European markets, making Klarna’s Buy Now Pay Later (BNPL) payment options available to more eBay buyers.
This move gives eBay buyers more choice and flexibility in how they pay. According to a 2024 PYMNTS Intelligence report, nearly half of Gen Z and Millennial consumers used BNPL in the past 12 months.
Building on a successful launch in Germany, eBay is bringing Klarna’s payment options to millions of shoppers in the UK, Austria, France, Italy, the Netherlands and Spain, with more markets coming soon.
With holiday shopping expected to increase this season, eBay shoppers can choose from Klarna’s payment options depending on their location, including interest-free Pay in 3, Pay in 30 days or financing for larger purchases with monthly repayments over a longer period. .
Avritti Khandurie Mittal, VP & General Manager of Global Payments and Financial Services at eBay said: “We are offering greater payment choice and flexibility for eBay shoppers by expanding our strategic partnership with Klarna to several key markets. People are turning to eBay’s more than two billion offers to find the things they love, from a rare Pokemon trading card to a gently used Birkin bag or that well-priced Rolex watch. We know our customers appreciate the ability to pay in a way that works for them Klarna, eBay shoppers now have the flexibility to pay over time by choosing from a variety of Klarna’s post-payment options at checkout.
David Sykes, Chief Commercial Officer at Klarna, added: “EBay is one of the biggest and best marketplaces in the world and we are happy to be working with them. With more flexible payment options and the new resell feature, we’re making it easier than ever for millions of people to buy and sell everything from collectible sneakers to strollers and designer bags on eBay.”
“eBay forms EU partnership with Klarna” was originally created and published by Electronic Payments International, a brand owned by GlobalData.
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