Instalments
Payment instalments that delight customers.
Increase sales by letting your customers split their payment into 4 interest-free instalments.
Some of New Zealand's biggest brands are using Klarna's 4 Instalments to drive sales.
Give your customers the financial freedom they deserve by letting them choose how and when to pay. We make it easier than ever to shop online or in-store. Your sales increase and so do your happy returning customers.
45%
increase in average order value with Klarna's interest-free instalments.
44%
of users would have abandoned their purchase if Klarna instalments weren't available.
How online payments work.
On each product page, shoppers learn that they can buy now and spread the cost over 4 convenient instalments at no additional cost.
1. At checkout
At checkout, the customer selects Klarna as their payment method. They will then see the option to pay using 4 Instalments along with the cost and payment schedule.
2. On shipment
Once the order is processed, Klarna pays you (the retailer) upfront and in full. We'll take care of collecting the payments from the shopper.
3. Post-purchase
Your shopper gets a clear overview of their purchases in the Klarna app and can easily manage their orders.
Effortless integration.
Getting up and running with Klarna is easy. We can quickly integrate with your existing technology platforms and payment partners. Need a custom solution? We can do that, too.
Details about 4 Instalments.
Let's get down to the nitty-gritty. All you need to know is right here.
Service
Market availability | US, UK, AU, NZ |
Show/hide function | Included |
Payment period starts | When order is shipped |
Number of payments | 4 payments |
Time between payments | 2 weeks |
Consumer APR | 0%. No interest |
Payments made | Automatically |
Zero-fraud liability | Included |
Klarna Sellers Protection | Included |
Integration
E-commerce platforms | |
Direct integration via | Javascript and RestAPI |
Auto updates | Included |
Developers resources |
Partnership
Max payment delay | 3 business days after order is shipped |
Standard term of agreement | 24 months |
Cost/pricing model | Up to 0.30 NZD + 2.99% per transaction |