Global technology firm Lenovo now enables shoppers in 15 European countries to use Klarna’s flexible payment methods for purchases on Lenovo.com.
This offering includes Klarna’s interest-free buy now, pay later (BNPL) options, the companies said in a Friday (Nov. 22) press release.
“This partnership means that our customers can spread the cost of Lenovo’s AI-enabled and optimized devices, from powerful workstations to portable laptops, in easy-to-manage, interest-free installments,” Angus Cormie, director and general manager, EMEA eCommerce at Lenovo, said in the release.
Klarna’s interest-free BNPL offers shoppers an option that includes an eligibility check, a clear installment plan and friendly reminders to keep up with payments, according to the release.
Klarna said Nov. 15 that office supply retailer Staples now offers its flexible payment options to customers shopping online at Staples.com, joining more than 100,000 merchants that have joined Klarna’s network of partners over the past year.
The multinational technology company Lenovo has now made it possible for customers in 15 European nations to make purchases on Lenovo.com using Klarna’s flexible payment options.
Klarna’s interest-free buy now, pay later (BNPL) options are part of this offering, the companies announced in a Friday (Nov. 22) A press release.
Angus Cormie, director and general manager, EMEA eCommerce at Lenovo, stated in the release, “This partnership means that our customers can spread the cost of Lenovo’s AI-enabled and optimized devices, from powerful workstations to portable laptops, in easy-to-manage, interest-free installments.”.
The release stated that Klarna’s interest-free BNPL provides customers with a choice that includes an eligibility check, a transparent installment plan, and helpful reminders to make payments on time.
The head of Western and Southern Europe, Raji Behal, said, “This is huge news for lovers of high tech and haters of hidden fees and high interest.”. K. . In reference to the business’s contract with Lenovo, the press release stated, “and Ireland at Klarna.”. Customers can now spread out the cost of their tech necessities without having to pay the large banks historically high interest rates. “”.
“How the World Does Digital,” a PYMNTS Intelligence report, claims that households are adopting BNPL options as they transact. “.”.
According to the report, BNPL was used in the past 12 months by 38% of consumers with incomes between $50,000 and $100,000 and 29% of consumers with incomes under $50,000.
According to the PYMNTS Intelligence and Splitit partnership, “Divided, Not Conquered: Acquirer and Merchant Confusion Clouds Split-Payments Landscape,” one factor contributing to the popularity of installment plans in general and BNPL in particular is the high degree of satisfaction that customers of all generations express when they are able to postpone payments. “”.
Seventy-nine percent of consumers reported that they were very or extremely satisfied with installment shopping in any form.
According to Klarna, Nov. 15 that office supply company Staples, which has joined the more than 100,000 merchants who have joined Klarna’s network of partners in the last year, now provides its flexible payment options to customers who shop online at Staples.com.
