• Latest
  • Trending
Klarna introduces pay now option in UK

Klarna introduces pay now option in UK

Investors caught off guard as Bank of Canada’s inflation indicator fails

BoC sets rates to two-decade peak with room for more

US markets’ slump deepens to a half-year peak; its consequences

US markets’ slump deepens to a half-year peak; its consequences

Dollar edges up as jolt from Fed minutes wanes

Dollar unflinchingly holds position amid uncharted numbers

Deutsche Bank snapped by Credit Suisse

Timeline until: Credit Suisse stumbled and UBS went to its aid

Relentless debt: US loans are dragging; root cause multiplies

Relentless debt: US loans are dragging; root cause multiplies

UK to slash bond issuance

Banks toss bets for high-jeopardy bonds

Support measures push Japanese corporate bankruptcies to 50 year low

Policymaker assembly ends with yen standing upright

Presently placid, the Fed is readying another shock

Presently placid, the Fed is readying another shock

Minor investors rejoice upon Chinese market rebound

Minor investors rejoice upon Chinese market rebound

China, US working hard on solution to audit dispute

US analysis of Chinese costs will not rely on the bloom time

Trend-setter Shein on Mexico expansion ideals

Trend-setter Shein on Mexico expansion ideals

Chip firm CXMT in dire straits with legislators chasing tails

Chip firm CXMT in dire straits with legislators chasing tails

Global Business Review Magazine
Sunday, June 11, 2023
Nominate Here
  • Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine
No Result
View All Result
Global Business Review Magazine
No Result
View All Result

Klarna introduces pay now option in UK

Klarna introduces pay now option in UK

Swedish payments firm Klarna said that it has introduced a number of changes to its product in the United Kingdom. This includes the option for its users to pay now. The announcement comes as the UK is expected to introduce rules for buy-now pay-later (BNPL) credit after the unregulated market spiked. This is because of the consumers struggle during the lockdown.

The company said that the pay now option will ensure UK consumers can pay immediately and in full, wherever Klarna is available. This will be executed in 20 other markets. The fintech firm, which allows shoppers to buy online through its merchant partners, also introduced credit checks for its users. The company said that shoppers will be able to securely share income and spending data from their bank accounts. This is for confirming that they can afford future repayments.

YOU MAY ALSO LIKE

XTrend Speed Wins Two Esteemed Titles at the Global Business Review Magazine Awards 2023

Bankman-Fried lawsuit’s link with the former head attorney of FTX

The company’s chief executive Sebastian Siemiatkowski said that the changes they are announcing means that consumers are fully in control of their payments. They also added that it has removed late fees from its longer-term plans. Klarna is valued at about $46 billion. It is among the largest players in the global BNPL sector. It has over 90 million global active users. 2 million transactions have been processed every day. Along with other providers such as Affirm, Afterpay and Paypal, the company have come under greater scrutiny.

Tags: FinTechKlarnaSwedish PaymentsUnited Kingdom
ShareTweetShare

Search

No Result
View All Result

Recent News

Investors caught off guard as Bank of Canada’s inflation indicator fails

BoC sets rates to two-decade peak with room for more

US markets’ slump deepens to a half-year peak; its consequences

US markets’ slump deepens to a half-year peak; its consequences

Dollar edges up as jolt from Fed minutes wanes

Dollar unflinchingly holds position amid uncharted numbers

Deutsche Bank snapped by Credit Suisse

Timeline until: Credit Suisse stumbled and UBS went to its aid

Relentless debt: US loans are dragging; root cause multiplies

Relentless debt: US loans are dragging; root cause multiplies

UK to slash bond issuance

Banks toss bets for high-jeopardy bonds

Global Business Review Magazine

Global Business Review is a online print magazine focusing on the updates and information about on emerging markets, Finance, Banking, Technology. Global Business Review provides news, features, analysis, commentary, and interviews from industry across the globe.

Recent News

  • BoC sets rates to two-decade peak with room for more
  • US markets’ slump deepens to a half-year peak; its consequences
  • Dollar unflinchingly holds position amid uncharted numbers
  • Timeline until: Credit Suisse stumbled and UBS went to its aid
  • Relentless debt: US loans are dragging; root cause multiplies

Categories

  • Banking
  • Business
  • Events
  • Finance
  • FinTech
  • Tech
  • Uncategorized
  • Videos
  • About
  • Nominate
  • Privacy & Policy

© 2023 Global Business Review Magazine - All Rights Reserved.

No Result
View All Result
  • Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine

© 2023 Global Business Review Magazine - All Rights Reserved.

Go to mobile version