Kubota brings Klarna's flexible payments to Polish customers

Klarna, a global retail bank, payment service provider, and shopping app, today announced the launch of its flagship "Pay in 30 Days" service on the online store of iconic fashion brand Kubota in Poland.

Kubota can offer its customers Klarna's flexible payment options as an additional settlement method to those already available on the brand's e-store. This will allow shoppers to pay later, after they have already received and checked their order, without additional fees and interest. By making the "Pay in 30 days" service available, Klarna wants to provide consumers with a fairer and more sustainable alternative to traditional banking and credit products and other BNPL services.

"According to the latest Worldpay report, deferred payments are already used by 5% of Polish consumers of online commerce. A contributing factor to the growing popularity of BNPL in the country is the openness of Poles to fintech innovations, which is confirmed by the use of BLIK or contactless cards. At Kubota, we are very open to new and effective technological solutions. It is proven that the implementation of deferred payments increases, among others, three of the main KPIs that we successively work on at kubotastore.pl: conversion rate, average order value, and the average number of products in the basket," Joanna Kwiatkowska, Vice CEO, Head of Sales & CTO at Kubota, said.

(WBJ)