Leading global retail bank, payments, and shopping service, Klarna has launched ‘Pay Now’, one of Klarna’s fastest-growing products, to the Australian market.

Adding to its ‘Pay in 4’ option, Klarna’s ‘Pay Now’ payment method enables consumers to pay immediately and in full.

The ‘Pay Now’ payment method is part of an entirely redesigned ‘one-click’ checkout flow, enabling consumers to pay immediately and in full wherever Klarna is available. Consumers simply connect their preferred payment card to their Klarna account and pay in full at every Klarna retailer.

The introduction of ‘Pay Now’ also comes as part of a new Klarna checkout flow, which will be implemented across all Klarna retailers resulting in a consistent, recognisable experience for consumers every time they select Klarna at checkout.

At the heart of the new flow lies the review screen, which gives consumers a quick and transparent overview of their order, their payment schedule and chosen payment card. The consumer’s billing details will be pre-filled, and their preferred payment option will be set as a default, enabling a one-click experience that saves time at every checkout.

Klarna CEO and co-founder, Sebastian Siemiątkowski said, “With the introduction of ‘Pay Now’, Klarna will offer consumers the choice to pay immediately and in full, alongside our sustainable, interest-free ‘Pay in 4’ service. From large purchases to everyday essentials like transport and entertainment, Klarna provides shoppers with maximum choice, control and flexibility in how they pay for every single purchase and rewards them for every payment they make on time.”