Staples has announced a partnership with Klarna to offer flexible payment solutions for customers shopping online at Staples.com. This collaboration introduces several payment options, including Klarna’s Pay Now, Pay in 4, and financing alternatives. Customers can choose to pay upfront, split their purchases into four interest-free payments, or extend payments for larger purchases, making it easier for them to manage their expenses without the burden of upfront costs. Mike Shady, Staples' Chief Digital Officer, emphasized that this initiative aims to enhance customer experience and accessibility. Klarna has rapidly expanded its network, now collaborating with over 100,000 merchants and 46 of the top 100 U.S. retailers. The buy now, pay later (BNPL) trend is particularly popular among millennials, with 39% having utilized it in the past year. Klarna's recent growth includes a 27% revenue increase in the first half of the year, highlighting the rising demand for flexible payment options.
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