Google Pay is expanding its financial services by adding buy now, pay later (BNPL) options, Afterpay and Klarna, to its offerings.
Starting just in time for the holiday season, US customers can select Afterpay as a payment option within the Google Pay checkout flow at certain online retailers.
The availability of Afterpay via Google Pay’s digital wallet is expected to extend to an increased number of merchants over the coming months.
From next year, Google Pay users in the US will be able to access Klarna’s interest-free payment options for purchases starting at $35.
It will also offer APRs for financing options, enhancing the consumer experience by providing more manageable payment solutions.
Through the Klarna app, users will be able to track deliveries, handle returns, and manage repayments, all in one centralised location.
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By GlobalDataThis expansion is set to provide Google Pay users with more flexibility and choice during the checkout process.
Afterpay Global Partnerships head Tanuj Parikh said: “Afterpay’s integration with Google Pay comes at the perfect time as next-gen shoppers are fuelling mainstream use of BNPL, mobile commerce, and digital wallet use. We are excited to expand our BNPL to Google’s network, creating the best and most streamlined customer shopping experience that meets all the needs of this younger consumer set.”
Klarna CEO Sebastian Siemiatkowski said: “This announcement moves us closer to our vision of having Klarna available at every checkout, everywhere, for everything, all the time. Together with Google, we’re making it easier than ever for millions of shoppers to choose Klarna, empowering consumers to shop confidently with a smarter, more transparent way to pay right at their fingertips.”