eBay, Klarna expand BNPL partnership to new markets

eBay (EBAY) and Klarna have announced the expansion of their strategic partnership to key European markets, making Klarna’s Buy Now Pay Later payment options available to more eBay shoppers. “The move gives eBay buyers more choice and flexibility in how they pay and aligns with the evolving preferences of today’s shoppers. 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 flexible payment options to millions of shoppers in the U.K., 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,” the companies stated.