Klarna adds Financial Overview dashboard to Irish app
With Irish inflation at a 40-year high, easy-payments financier Klarna said it wants to ensure consumers there “are fully equipped with the digital budgeting tools necessary to effectively track and manage their spending”.
So it has introduced 'Financial Overview’ under the ‘Money’ tab in the Klarna App, with the dashboard offering “a comprehensive suite of money management tools designed to give users full transparency into their spending and enable them to take active control of their finances”.
This includes budgeting so consumers can now set a monthly allowance for themselves to control how much they spend with Klarna. The new in-app bar indicator visually shows how much from each consumers' set limit has been spent using all of Klarna's products, “helping users budget more confidently”. This applies to all purchases made with Klarna, whether that’s paying with Klarna at checkout or when using Klarna’s one-time cards
in the Klarna App.
All purchases made with Klarna are now automatically organised into product categories, from clothing and home, to electronics. Its new categorisation feature allows consumers to understand exactly where their money goes, helping them to make more conscious spending decisions. “Consumers can also change the category of a given purchase to suit their personal needs”.
There’s also a monthly spending breakdown so consumers can track their spending levels month on month and compare them to their average spending via an interactive bar chart. Each chart is colour-coded to reflect what proportion is spent on each category, “making it easy to see how spending patterns change over time”.
Colin Creagh, Head of Business Development at Klarna in Ireland said: “Smart money management and informed budgeting are as important as ever for Irish consumers. With its intuitive, interactive dashboard, the new Financial Overview in the Klarna App makes it effortless to understand your spending habits and stick to your budget, placing the consumer in the driver seat of their financial future.”
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