John Lewis adds buy now, pay later option with Klarna
What: John Lewis is to offer online customers a buy now, pay later payment option after teaming up with financial services provider Klarna.
Why it is important: John Lewis joins other retailers in offering this option for online purchases ahead of the Black Friday promotional period.
The department store hopes that with the introduction of Klarna, it will become more accessible and help attract a new customer that may not have traditionally shopped there. Customers will be able to use the service from today, allowing them to buy products with three payments made over 60 days.
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