eBay and Klarna have announced the expansion of their strategic partnership to key European markets making Klarna’s Buy Now Pay Later (BNPL) payment options available to more eBay shoppers.
The move gives eBay buyers more choice and flexibility in how they pay. According to a 2024 PYMNTS Intelligence report, nearly half of Gen Z and Millennial consumers have used BNPL in the past 12 months.
Expanding from a successful launch in Germany, eBay is offering Klarna’s payment options to millions of shoppers in the UK, Austria, France, Italy, the Netherlands and Spain, with more markets coming soon.
With holiday shopping expected to increase this season, eBay shoppers can choose from Klarna’s payment options depending on their location, including interest-free Pay in 3, Pay in 30 days, or financing for larger purchases with monthly repayments made over a longer period of time.
Avritti Khandurie Mittal, VP & General Manager of Global Payments and Financial Services at eBay said: “We are unlocking greater payment choice and flexibility for eBay shoppers by expanding our strategic partnership with Klarna to several key markets. People turn to eBay’s more than two billion listings to find the things they love, from a rare Pokemon trading card to a gently pre-loved Birkin bag or that well-priced Rolex watch. We know our customers value the ability to pay in a way that works for them. With Klarna, eBay shoppers now have the flexibility to pay over time by selecting from a variety of Klarna’s pay later payment options at checkout.”
David Sykes, Chief Commercial Officer at Klarna, added: “eBay is one of the biggest and best marketplaces in the world and we’re thrilled to partner with them. With more flexible payment options and the new resell feature, we’re making it easier than ever for millions of people to buy and sell everything, from collectable sneakers to strollers and designer bags, on eBay.”
“eBay forms EU partnership with Klarna” was originally created and published by Electronic Payments International, a GlobalData owned brand.
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