Swedish fintech Klarna signs payment deal with Samsung

By John Reynolds on Wednesday 16 October 2019

Digital Banking

Samsung customers given three new payment options, as part of deal.

 Swedish fintech Klarna signs payment deal with Samsung
Image source: Luke Griffiths, General Manager, Klarna.

Swedish payments fintech Klarna has signed a deal with Samsung, offering its customers more flexibility when buying Samsung goods online.

The deal means Samsung.com shoppers will be given three new payment options: buy now, pay in 30 days; by now pay in three monthly payments; and spread the cost up to four years.

Luke Griffiths, General Manager, Klarna, UK, said: "We are delighted to grow our partnership with Samsung and to be working with a truly visionary and innovative global brand.”

“By offering our payment options online, Samsung.com is showing its ongoing commitment to enhancing the customer experience through cutting edge technology in its retail offering."

"Whether buying a phone, TV or washing machine, Klarna will empower Samsung.com customers with greater flexibility over how, when and where they pay, to best meets their needs. We look forward to further developing this partnership and driving results for Samsung in a highly competitive market.”

Nick White, Online Director at Samsung UK & Ireland, said: “At Samsung, we never shy away from big ideas and innovation, so it was only right that we partnered with a payments company that shares our values and vision.”

Klarna does exactly that — and its exceptional user experience for both new and existing customers will allow us to give online shoppers the most seamless experience possible.”

Klarna said that it would also continue to support Samsung.com's upgrade programme, meaning that customers can pay for Samsung's Galaxy S10 in 24 monthly instalments through Klarna's Spread the Cost offering, as well as receiving an invitation to upgrade to the new Samsung Galaxy device each year.

Last month, it was revealed that the international payments provider had now passed 3 million active UK users, in the past 12 months.

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