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AliExpress gets buy now, pay later with Alipay and Klarna via Adyen
AliExpress have added Klarna’s Pay Later option through payment platforms Alipay and Adyen. Klarna’s ‘Pay later’ solution is enabled by Adyen, the payments provider behind AliExpress. This will empower AliExpress’ shoppers in Germany, the Netherlands, Austria and Finland to decide when and how they want to pay. This is the first phase of the partnership, with the ambition to expand to additional markets throughout the course of the year.
This immediately tweaked my attention – eBay are about to roll out eBay Payments in Germany also powered by Adyen and so at some point in the future there will be the potential for Klarna to power eBay Payments should the desire be there. Currently on eBay, shoppers are able to split payments with PayPal Credit, but as PayPal becomes just one component of eBay payments other alternatives are bound to be introduced.
From now on, shoppers at AliExpress in the four supported countries can choose Pay Later at the checkout, and pay for their goods after delivery. This payment alternative allows them to try items at home and keep what they love, before parting with any money. After a shopper uses Klarna for the first time, all subsequent purchases only need a single click to buy.
“At AliExpress we are constantly looking for new and innovative ways of improving the shopping experience for our large number of consumers, and in Klarna, we have found a like-minded partner. Klarna’s Pay later has established itself as one of the most preferred payment alternatives across certain European markets, with high demand from consumers and we are excited to add this popular option to our checkout on multiple markets. We together with Adyen and Klarna look forward to expanding to more markets in the future.”
– Cheer Zhang, Head of Global Consumer and Market Operation, AliExpress
What you gonna get credit for ?
A £99 phone filled with spyware?