US EditionDoorDash, Klarna sign deal for deferred, installment food delivery payments
- On Thursday, March 20, 2025, DoorDash and Klarna announced a partnership to offer flexible payment options, including installment plans and deferred payments, for DoorDash customers.
- This partnership arrives as Buy Now, Pay Later services gain popularity, especially among younger consumers, with BNPL online spending increasing nearly 10% year-over-year and hitting $18 billion during last year's holiday season.
- DoorDash customers can now choose to pay in full, split payments into four interest-free installments, or defer payments to align with their payday schedules when purchasing groceries, retail items, or even the DashPass Annual Plan.
- Klarna's Chief Commercial Officer, David Sykes, stated that the DoorDash partnership is an important milestone in Klarna's expansion into everyday spending categories, while DoorDash's Head of Money Products, Anand Subbarayan, emphasized that flexible payment options are essential for meeting customer needs as DoorDash expands its offerings.
- The DoorDash-Klarna partnership coincides with Klarna's plans for an IPO on the New York Stock Exchange, building on a 24% revenue increase to $2.8 billion last year and an adjusted operating profit of $181 million, but also amid rising American debt levels and potential regulatory scrutiny for BNPL firms in the U.K.
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152 Articles
Make purchases paying off only a small part of the amount? As evidenced by numerous videos, the idea seems to fascinate tiktokers a lot, especially young people. Under the banner of 'Klarna debts trend', influencers spend happily using a very unclever trick: paying only the first installment. But not only does it not work, it also has short and long-term consequences. The carefree moments? Klarna pays them, they brag about influencers struggling…
DoorDash Announces Major Change And Why It Could Cost You More
DoorDash has announced a change to its payment policy that will eventually allow customers to eat now and pay later. The massive food delivery company is expected to team up with Klarna, one of the larger BNPL (Buy Now, Pay Later) financial services that companies can team up with in order to leverage more customers for their product in what appear to be "Risk free" ways. In DoorDash's case, customers will be able to use Klarna for a variety of …
'Eat now, pay later'? DoorDash-Klarna deal fuels concerns around loans for takeout
DoorDash and Klarna are joining forces to let users pay for meal deliveries with installment loans, calling it “essential to meeting our customers’ needs.” Not everyone sees it that way. The announcement has drawn a flurry of criticism on social media, less directed at the companies themselves than questioning what the need to use a “buy now, pay later” service for food orders says about the increasingly debt-ridden economy. “Eat now, pay later?…
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