Pay-later platform Klarna announced the launch of a partnership with the Eurostar railway service.
The mentioned collaboration agreement was announced on Wednesday, April 2. In this case, the partnership in the context of concrete practical results means that travelers in the United Kingdom and France will be able to split the cost of their tickets into three interest-free payments. It is also worth noting that this is Klarna’s first collaboration experience with a train provider.
Raji Behal, head of Klarna’s western and southern Europe operations, said that Eurostar has changed the way people travel between the United Kingdom and Europe, and now the fintech company is changing the way people pay for corresponding services. It was noted that consumers can check out with Klarna and choose to pay in full or split the cost over time.
In a joint press release from the parties to the collaboration, it was noted that this partnership begins at a time when Eurostar is witnessing an increasing number of customers using its services after a year during which the company carried a record 19.5 million travelers.
It is worth noting that the travel industry is not an unknown territory for Klarna. Last year, the company launched a collaboration with travel website Expedia and luggage/travel accessory firm Brand Away.
Payment solutions like those offered by Klarna significantly expand the financial capabilities of people interacting with the travel industry as consumers. It is highly likely that the practice of deploying the mentioned functional solutions will scale. In this case, users get access to offers characterized by convenience, and flexibility. These offers also allow them to reduce the financial burden.
As we have reported earlier, Klarna Forms Pay Later Pact With Walmart.
