So I keep getting prompted by the Google Play store to install Klarna. I’d never heard of it (obviously too old and uncool), so looked it up.
So from what I can gather, it’s a “try before you buy” payment mechanism that entices people into spending more at shops? (as merchant transaction fees from the retailer is how they make their money).
In the article I read, Klarna say they can increase the average online store’s orders by 30% and the average spend by 34%, but according to one guy interviewed in the article, his average spend has gone up by about 300% since he started using it!
Has anyone on here got any experience of using it?