Apple Pay Now Lets You 'Pay Later' With Klarna in Two More Countries

[MacRumors]

Klarna is now available as a buy-now, pay-later option when using Apple Pay in France and Italy. This financing option lets you pay for your Apple Pay purchase in monthly installments, with the shortest payment plans being interest free.

Eligible customers can split purchases into three monthly installments, or choose to pay up to 30 days later, without paying any interest. For higher-value purchases with longer payment plans, Klarna says it offers competitive interest rates.

Klarna was already available via Apple Pay in the United States, Canada, the United Kingdom, Denmark, Spain, and Sweden, so there are now eight countries supported.

Apple discontinued its own buy-now, pay-later service called Apple Pay Later last year, and instead started partnering with third-party providers, including Klarna, Affirm, and Synchrony. Availability of these providers varies by country.

When checking out with Apple Pay online and in apps, iPhone and iPad users can select "Other Cards & Pay Later Options" to access installment payment plans from Klarna and other financing partners, where available. Starting with iOS 26, the buy-now, pay-later options are also available for in-store Apple Pay purchases.

Article Link: Apple Pay Now Lets You 'Pay Later' With Klarna in Two More Countries

 

[AppleTO]

I've never tried these kinds of services as it seems like a bad idea. Also, I don't want my credit score to take a hit every time I do.

 

[Neko1500]

These services are both predatory and unregulated. Apple should be ashamed to be associated.

 

[theinstructor]

This service is only in business to ensure that poor people continue to rely on poor decisions thus continuing the cycle. Klarna is a 99% INTEREST company. 99%. This is criminal.

Klarna says “We offer competitive interest rates”. Like 99%.

 

[contacos]

Fyi. Using Klarna in Germany ist bad for your Schufa "credit" score for those concerned

 

[ghostface147]

Funny story. I was listening to the local radio morning show recently and there is this one segment called closure. The guy was wondering why this girl he went on a date on ghosted her. Turns out, he paid for dinner with Klarna and that turned her off. If he wasn’t financially stable enough to pay in full, she wasn’t interested.

 

[ossifer]

“Pay now lets you pay later”

 

[Art Mark]

I'm a tad confused. With the Apple Card, you can still set-up payments for a year can't you? I did in in June on a Mac Studio.

 

[gsmornot]

I'm a tad confused. With the Apple Card, you can still set-up payments for a year can't you? I did in in June on a Mac Studio.

This is not financing Apple products, this is going to Taco Bell and making 4 payments on a combo meal.

 

[doolar]

The founder of Klarna tried to pitch his idea to all of the banks in Sweden, they all laughed at him and his idea of buy now pay later on the internet. They probably regret that as much as when Coca-Cola declined buying Pepsi.

I don’t mind Klarna at all I use it a lot. It’s no different than Amex tbh, I pay all of it at once when it’s due just like my Amex bill. No cost no risk.

 

[Alex.ne]

I'm a tad confused. With the Apple Card, you can still set-up payments for a year can't you? I did in in June on a Mac Studio.

I'm a tad confused. Is there Apple card in France or Italy (the article is kinda about these 2 countries) ?

 

[zilchfox]

Yaaaay, debt!

 

[Apple Fan 2008]

I've seen Klarna pop up as an option on stuff that literally costs $20.

 

[Apple Fan 2008]

This is not financing Apple products, this is going to Taco Bell and making 4 payments on a combo meal.

Don't question my order for a years worth of Baja Blast.

 

[GfPQqmcRKUvP]

These services are both predatory and unregulated. Apple should be ashamed to be associated.

Lol predatory? Yeah, if you misuse it and are financially irresponsible.

Paying for something over time without any interest that you were going to buy anyway is nice.

 

[JaydenA]

Paying for something over time without any interest that you were going to buy anyway is nice.

Yes, but it needs 2 things. One is fiscal awareness so that you do it right with durable goods, this is something most people do not have as they use it for their latest bit of doordash cooking laziness.

The other is to be aware of weekly fees. Something is not interest free if there are ANY fees at all.

Most people can't understand this form of payment, or it's deeper implications (like how it does affect your credit score) and get into deep water, very fast.

 

[CapitalIdea]

People are using BNPL for food now. It’s sad.

 

[BBCWatcher]

It takes courage to push more people deeper into debt.

 

[cartmn]

Hm, sad to see Apple collabing with Klarna. Buy now pay later is evil.. But seems Apple is more money hungry here..

 

[Eggtastic]

 

[taliz]

The founder of Klarna tried to pitch his idea to all of the banks in Sweden, they all laughed at him and his idea of buy now pay later on the internet. They probably regret that as much as when Coca-Cola declined buying Pepsi.

I don’t mind Klarna at all I use it a lot. It’s no different than Amex tbh, I pay all of it at once when it’s due just like my Amex bill. No cost no risk.

Yeah I don't get the whining of people. It's no worse than paying with a credit card. And we all do that nowadays to get cashback or other forms of bonuses.
A credit card is literally "buy now pay later".

 

[sw1tcher]

This service is only in business to ensure that poor people continue to rely on poor decisions thus continuing the cycle. Klarna is a 99% INTEREST company. 99%. This is criminal.

Klarna says “We offer competitive interest rates”. Like 99%.

99% interest rate. Got a source for that?

Klarna says their rates are between 0.00% and 35.99%

Pay over time with Klarna

Break up your purchase into smaller monthly payments. Get what you love and spread the cost over a period of 6-24 months.

www.klarna.com

Rate ranges from 0.00% - 35.99% APR based on creditworthiness, term length, and subject to credit approval.



Even "financial guru" Dave Ramsey reports the same.

The Truth About Klarna: Why It’s Dangerous to Buy Now, Pay Later

Klarna’s buy now, pay later app sounds convenient—until you're in debt. Learn how buying with Klarna encourages overspending and why you should steer clear.

www.ramseysolutions.com

Key Takeaways

• Klarna offers buy now, pay later options, including Pay in 4, Pay in 30 Days, and longer-term financing with interest rates up to 35.99%.
• Late fees and high interest rates on extended payment plans can make purchases more expensive over time.
• Using Klarna can lead to overspending and accumulating debt.

Would you believe me if I told you that credit cards have rates as high as 36% (such as First PREMIER Bank's Mastercard) as well? This makes Klarna no better or worse.

 

[BBCWatcher]

Yeah I don't get the whining of people. It's no worse than paying with a credit card. And we all do that nowadays to get cashback or other forms of bonuses.
A credit card is literally "buy now pay later".

Klarna effectively removes (or at least dilutes) purchase protections and dispute resolution services offered with credit card-based purchases. You typically don't get points/rebates/miles with Klarna, or at least they're typically less generous (even accounting for potentially longer interest free repayment). Unlike credit cards, Klarna might not report favorable financial behaviors to credit bureaus, so it often can't help you build a favorable credit history. Once you set up Klarna Autopay (link Klarna to a debit card) you reportedly can't disable it; this "feature" could result in bank overdraft fees that are even worse than missing a Klarna payment.

Both traditional credit cards and Klarna can foster overspending, chronic indebtedness, and usurious debt costs. However, there's some evidence that Klarna (and other BNPL services such as Affirm) are more effective in promoting overspending, chronic indebtedness, and usurious debt costs because they remove even more of the purchase "friction."

 

[cardfan]

Yeah I don't get the whining of people. It's no worse than paying with a credit card. And we all do that nowadays to get cashback or other forms of bonuses.
A credit card is literally "buy now pay later".

Presumably if you have a credit card you’re not the really bad credit targets that Klarna targets. Apple already went after sub prime credit users with its Apple Card. This is Apple going after Trump type people.

These have been around for ages. Buy here pay here. Pawn shop loans. Pay day loans. They target dumb people. This is no different.

I don’t see anything wrong with it. The more risk you take the more you charge. If people are dumb enough to do it. It’s hard to say no. Being able to sell and finance things to dumb people is an American pastime.
Half the country if not more is begging to be exploited and they’ll cheer you on while you do it. Look how easily they’re manipulated lol.

 

[AlanBeyond]

These financial services are becoming outrageous. Evil capitalism