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Finance & Economics

Klarna enters a new country

Klarna aims to bring a unique consumer-centric shopping experience to the Australian market

Klarna and CBA

Klarna enters a new country. Source:? shutterstock.com

Klarna officially launches in Australia by introducing the Klarna Shopping app. The app will be available on iOS and Android platforms, enabling consumers to shop and pay with Klarna at any online retailer.

The Klarna app allows Australian consumers to pay in 4 equal installments at any online retailer with no fees when they pay in time. Consumers will also be able to browse top brands, create wishlists, and receive price drop notifications. What is more, they will have access to shopping inspiration, exclusive deals and discounts from local Australian retailers.

Australian consumers’ expectations are evolving, they demand seamless, intuitive and transparent online shopping services that better meet their daily needs. Klarna streamlines this experience from browsing to payment at checkout to post-purchase which allows consumers to take control and shop on their terms all from a single app. This partnership with CBA is rooted in a shared obsession on how good digital experiences can truly serve consumers today. We believe the future of retail is high tech powering high touch experiences, so regardless of how and when consumers want to shop and pay, we need to be there for them
Sebastian Siemiatkowski, Klarna CEO 

In 2019, the Commonwealth Bank of Australia (CBA) invested in Klarna to launch services in Australia and New Zealand. CBA app users now will be able to integrate their CBA account with Klarna’s, enabling convenient shopping.

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