Klarna trials debit card in US, plans Europe launch later this year


FILE PHOTO: A sign is pictured at the entrance of Klarna's headquarters in Stockholm, Sweden on May 25, 2022. REUTERS/Supantha Mukherjee/File Photo

STOCKHOLM (Reuters) -Swedish fintech Klarna on Tuesday said on Monday it is doing a pilot launch of a new debit card in the United States as the buy now, pay later pioneer seeks to compete more directly with traditional banks.

With a partnership with Visa, Klarna will allow consumers to pay immediately or choose interest-free options to pay over time for both online and in-store purchases.

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