Gap Inc. partners with Klarna to offer US customers flexible payment options

Apparel retailer Gap Inc. has partnered with Klarna, a global digital bank and flexible payments provider, to offer Klarna’s range of payment options to US customers across its portfolio of brands, including Gap, Banana Republic, Old Navy, and Athleta.

“We are excited to offer our customers more choice, convenience, and control by offering a variety of payment options across our portfolio of brands,” said Kevin Meiners, Head of Loyalty & Payments at Gap Inc., in a statement.

Consumers in the United States can now access Klarna’s payment options, including Pay Now or Pay Later, interest-free. Through Klarna’s Pay in Full option, customers can complete immediate transactions for their desired purchases via Klarna’s payment platform, or select Pay in 4 to divide costs into four equivalent interest-free payments. 

“Gap Inc. is a household name with a portfolio of beloved brands that are woven into the everyday lives of American consumers,” said David Sykes, Chief Commercial Officer at Klarna. “By offering Klarna at checkout, Gap Inc. is giving millions of shoppers the flexibility to shop how and when they want, while also supporting a personalized way to pay.” 

The partnership sees Klarna continue to expand its footprint across the US, to more than 26 million active users in the nation. Klarna currently works with over 724,000 global merchants.