Klarna, the AI-powered global payments network and shopping assistant, is reportedly 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 versions.
As mentioned in the announcement, 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.”
Klarna said it is the first BNPL provider to come to Apple Pay in Canada, and this expansion “follows the feature’s launches in US and UK in October.”
Sebastian Siemiatkowski, Co-founder and CEO of Klarna said:
“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.”
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 integration makes the world of flexible payment options 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.”
As noted in the update, this decision will “not impact a customers’ credit score.”
With this integration, users can take advantage of 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 claims that it is one of 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.”
Klarna is now available on Apple Pay.
You may choose Apple Pay at checkout when you shop online or in app on iPhone or iPad, then select Klarna to enjoy a flexible way to pay.
This is currently available on iOS 18 and iPadOS 18 or later.
As clarified in the update, loans are not offered by Apple.