Over one million dollars saved for
customers since launch
NEW
YORK, June 25, 2024 /PRNewswire/ -- Klarna, the
AI powered global payments network and shopping assistant, today
announced that Klarna Plus, issued by WebBank, has reached a
significant milestone of 100,000 subscribers in the US since its
launch earlier this year. The company's first-ever subscription
service allows members to maximize their shopping experience
through access to a variety of features and offers, including
waived service fees on the Klarna One Time Card, rewards, and
access to special deals with popular brands in the Klarna
app.
Customers have saved an average of $18 per month in the first month after signing
up, amounting to an estimated $1.8
million in savings for valued users. Additionally, over
27,000 discounts have been used by Klarna Plus members on Klarna's
retail partners.
"The positive reception of Klarna Plus in the US really shows
the value of this product," said David
Sandstrom, Chief Marketing Officer at Klarna. "Our
commitment to offering valuable and exclusive benefits to our
subscribers remains strong as we continuously look to enhance their
shopping experience while expanding our services beyond Buy Now,
Pay Later."
Features include:
- Waived service fees – Shop at any retailer outside
Klarna's network to split payments into four interest-free
installments using the Klarna's One Time Card, with no added
service fees, for a monthly subscription of $7.99.*
- Exclusive deals – Access special discounts worth
$80 each month at brands such as
Nike, COACH, Macy's, Sephora, and GOAT.**
- First Purchase and Quarterly Discount - Members get
$8 off on their first purchase at any
Klarna partner store, and $8 off
every third month at any partner store.***
- Cashback rewards - Members will benefit from Klarna's
cashback rewards, coming soon.
Klarna continues to grow in the US with Q1 revenues increasing
38% YoY, while setting the standard for fairer, flexible payment
options. Earlier this year, the new Klarna Card waitlist and
Sign In with Klarna also launched, further highlighting the
company's product innovations that make it an everyday spending
partner.
*Klarna Plus issued by WebBank and powered by Klarna for
$7.99/month. Cancel any time in the
Klarna App. Restrictions and exclusions apply to member benefits
like offers, & discounts. Klarna Plus Terms and Conditions
apply.
**Klarna Plus Members get twelve monthly deals at twelve
selected stores (up to a max $80/month) one discount per store per monthly
billing cycle. Use the Klarna App to pay with Klarna at the store's
checkout. Klarna Deals cannot be combined and can only be used
once. Discounts can be modified based on availability, retailer
participation, or due to technical issues. Discount will not be
reflected in any receipt from the partner store, please refer to
your Klarna receipt. Klarna may get a commission.
***Save $8 on your first Klarna
Plus purchase for orders above $8,
using the Klarna app and paying with Klarna at a partner stores'
checkout valid for 30 days from the moment you sign up for Klarna
Plus membership. You will also get an $8 discount every third month during your active
membership on any Klarna Plus purchase for orders above
$8, using the Klarna app and paying
with Klarna at a partner stores' checkout. Valid for the relevant
billing cycle of your Klarna Plus membership. Excludes
purchases made with a One-time card and the Klarna Card. If you
return all or part of your order and the final amount is below
$8, the discount will no longer
apply. Klarna Deals cannot be combined and can only be used once.
Klarna reserves the right to modify discounts offered based on
availability, retailer participation, or due to technical issues.
Discount will not be reflected in any receipt from the partner
store, please refer to your Klarna receipt. Klarna may get a
commission.
About Klarna
Since 2005 Klarna has been on a mission to smooth commerce with
consumer needs at the heart of it. With over 150 million global
active users in Klarna Group and 2.5 million transactions per day,
Klarna's fair, sustainable and AI-powered payment and shopping
solutions are revolutionizing the way people shop and pay online
and in-store, empowering consumers to shop smarter with greater
confidence and convenience. More than 550,000 global retailers
integrate Klarna's innovative technology and marketing solutions to
drive growth and loyalty, including H&M, Saks, Sephora, Macy's,
Ikea, Expedia Group, Nike and Airbnb. For more information, visit
Klarna.com.
Media contact:
Shira Rimini
Press@klarna.com
(614) 962-4605
This information was brought to you by Cision
http://news.cision.com
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SOURCE Klarna Bank AB (publ)