Global technology company Lenovo offers shoppers in 15 European countries the opportunity to use flexible payment methods from fintech firm Klarna.
The mentioned information is contained in the joint press release of the companies. In this case, consumers are offered interest-free Buy Now, Pay Later (BNPL) options from Klarna. Shoppers will be able to take advantage of the offer when making purchases on the website Lenovo.com.
Angus Cormie, director and general manager, of EMEA eCommerce at Lenovo, said that the announced partnership with Klarna means that customers can spread the cost of Lenovo’s AI-enabled and optimized devices, from powerful workstations to portable laptops, in easy-to-manage, interest-free installments.
The press release contains information according to which Klarna’s interest-free BNPL offers shoppers an option that includes an eligibility check, a clear installment plan, and convenient reminders to keep up payments.
Raji Behal, head of Western and Southern Europe, UK, and Ireland at Klarna, stated that the mentioned partnership is massive news for high-tech fans and haters of hidden fees and high interest. In this context, it was also separately noted that consumers can spread the cost of their tech essentials without paying record-high interest to large banks.
Recently, according to industry research, households are increasingly using BNPL functional solutions when making transactions. For example, in the United States, over the past 12 months, 38% of consumers earning between $50,000 and $100,000, and 29.6% of those earning less than $50,000, have leveraged BNPL.
As we have reported earlier, Klarna to Be Available on Google Pay in 2025.
Serhii Mikhailov
Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.
