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DoorDash, 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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CNBC broke the news in United States on Thursday, March 20, 2025.
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