DELIVEROO AND KLARNA PARTNER TO OFFER SMOOTH, FLEXIBLE PAYMENTS, WHETHER YOU PAY NOW OR PAY LATER

10th October 2022: Klarna, the global leader in the generational shift away from credit cards, and Deliveroo, the definitive food company, have partnered to offer Klarna’s flexible range of payment options to Deliveroo customers. Consumers benefit from Klarna’s smooth payments experience, whether they choose to pay now or pay later, and can keep track of their spending in the Klarna app. Deliveroo customers will see Klarna as an additional payment option when they arrive at check-out, where they’ll be able to choose one of three payment options:

• Pay Now, to pay the full amount immediately;
• Pay in 30, to pay the full amount within 30 days; and
• Pay in 3, to pay in three equal instalments, spread over 60 days. For orders over £30.

“Deliveroo provides a great service to households, and that’s why we’re excited to offer our alternative payment options to Deliveroo customers,” says David Sykes, Chief Commercial Officer, Klarna, “We believe you should only pay for what you buy with no interest or fees, and it’s never been more important for consumers to have access to payment options which help them stay in control of their finances.”

Carlo Mocci, Chief Business Officer UK&I, Deliveroo, said: “Deliveroo offers amazing choice to our customers, from neighbourhood eateries and your weekday lunch to a Saturday night celebration. Millions of people are already choosing Klarna and we’re giving customers more choice and more flexibility with a safe, secure way to pay online.”

Globally, 40% of Klarna’s transactions are Pay Now. Klarna believes its short-term, interest and fee free credit products allow consumers to manage their purchases and the company reports extremely low default rates, well below 1%. Klarna assesses a consumer’s ability to repay on each purchase, taking a real time view of someone’s financial circumstances which means using Klarna is never guaranteed. The company restricts the use of its services if consumers miss a payment to prevent debt building up. Because Klarna charges no interest and no fees to consumers, its business model is driven by only extending credit to those who can afford to repay and consumers making responsible financial decisions.

Roofoods Ltd is not a lender and acts only as an introducer. The credit product is provided by Klarna Bank AB (publ). Credit is only available to permanent UK residents aged 18 and over, depending on their status. Terms and conditions apply. Please note that Pay in 30 days and Pay in 3 instalments are not regulated by the FCA.