Klarna a global payments provider and shopping service has partnered with Saks OFF 5TH to offer customers a “buy now, pay later” solution at checkout.
U.S. shoppers on Saksoff5th.com can make purchases and have the convenience of splitting the cost of those purchases into four interest-free payments through Klarna.
“At Saks OFF 5TH, we continue to see great opportunity ahead with our digital business and are focused on identifying innovative ways to enhance our online experience for our customers,” Paige Thomas, President & CEO, Saks OFF 5TH said in a release. “Our partnership with Klarna enables us to offer a more inclusive and convenient digital shopping environment, so our customers have easy access to the designer brands they love and trust with greater financial control.”
According to a recent study by Klarna, 79% of US shoppers surveyed said that mindful spending and budget-friendly strategies while shopping allow them to feel confident in their financial future.
“For years, Saks OFF 5TH has been a go-to destination for shoppers seeking memorable gifts and the best in luxury value,” said David Sykes, Head of US at Klarna. “Klarna’s suite of flexible payment options will further enhance the Saks OFF 5TH shopping experience to match the evolving interests and needs of US shoppers this holiday season and beyond.”