Global payments provider Klarna announced on Wednesday it has expanded its partnership with Acne Studios to allow shoppers in the U.S. to choose to checkout with four equal payments, with no interest or fees. According to Klarna, Acne Studios offers women’s and men’s ready-to-wear, shoes, accessories and denim, but also move across the borders of fashion, art and design.
Speaking about the partnership expansion, Michael Rouse, Chief Commercial Officer of Klarna, stated:
“Our goal at Klarna is to give shoppers convenience and greater flexibility over how and when they pay. With Klarna, U.S. Acne Studios shoppers can boost their purchase power right at the point of sale – and there are no surprise costs or long-term commitments. Four equal payments are automatically collected from the consumer’s chosen payment card – one payment at purchase and three further payments every two weeks. Klarna does not redirect consumers away from the merchant site, unlike other providers, so the purchase journey is always frictionless and fast.”
Mattias Magnusson, CEO of Acne Studios, went on to add:
“We’ve been impressed with Klarna’s work in Europe – particularly in our home country of Sweden – and are pleased to partner with them in other markets to accelerate our international sales. We look forward to providing our U.S. shoppers with Klarna’s flexible payment options.”
As previously reported, Klarna was founded in 2005 and offers consumers the option to pay now, pay later, or over time through what it believes is a trusted, frictionless and smooth checkout experience.