Klarna, the AI-powered global payments network and shopping assistant, is now available to users in Canada checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later.
1 Beginning today, eligible Apple Pay users in Canada will have access to Klarna’s flexible payment offerings, including pay later in four installments with no interest, or over longer periods with competitive APRs.2 Klarna is the first BNPL provider to come to Apple Pay in Canada, and this expansion follows the feature’s successful launches in US and UK in October.
“I am delighted that we are extending Klarna on Apple Pay to Canada. After the great reception we received from consumers in the US and UK last month, consumers in Canada will now have easier access to our fair, flexible and interest-free payments options when checking out on Apple Pay online and in apps. This is another big step toward our mission to offer consumers Klarna at every checkout.” said Sebastian Siemiatkowski, Co-founder and CEO.
Klarna’s Pay in 4 payment offering gives consumers four fixed repayments for purchases all interest-free on eligible purchases. Financing is available for higher ticket items with monthly repayments made over a longer period of time with competitive APRs.
This new integration makes the world of flexible payment options even more accessible as consumers can make purchases using Klarna directly on an iPhone or iPad, in apps and online with Apple Pay.
Eligible users can select ‘Other Cards & Pay Later Options’ when checking out on Apple Pay with an iPhone or iPad, and then select Klarna to access the Klarna options that are available to them. Once they agree to the terms, they can double-click the side button and authenticate with Face ID or Touch ID to confirm their purchase. Before approving the purchase, Klarna will make a new lending decision, using its industry-leading underwriting checks. This decision will not impact a customers’ credit score.
With this integration, users can enjoy all the privacy and security features they love about Apple Pay. As with all Apple Pay purchases, when a user pays with Klarna, Apple does not keep a record of a user’s transaction history.
With 85 million active consumers, Klarna is the biggest global BNPL provider in the world. Klarna’s commerce network continues to grow, driving towards being available in every wallet and checkout. Klarna aims to offer smart shoppers everywhere a fairer alternative to traditional credit cards.