Klarna partners with food delivery service

Deliveroo has partnered with buy now pay later (BNPL) service Klarna to offer customers more ways of paying for their food.

Customers will see Klarna as a payment option when they arrive at check out. They can either pay immediately, pay the full amount in 30 days or pay in three equal instalments spread over 60 days. Users of the service will not be charged fees or interest.

Klarna said that 40 per cent of transactions made through its service are paid immediately. The company claims that people in Britain spend £10.5 billion a year on food delivery, around £2.2 billion of this is purchased on a credit card. Klarna said this costs £149 million in interest per year.

Commenting on the news David Sykes, chief commercial officer at Klarna, said: “Deliveroo provides a great service to households, and that’s why we’re excited to offer our alternative payment options to Deliveroo customers.”

He added: “We believe you should only pay for what you buy with no interest or fees, and it’s never been more important for consumers to have access to payment options which help them stay in control of their finances.”

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