Buy-Now-Pay-Later (BNPL) schemes have been criticised by Which? with the UK consumer body calling for stronger safeguards to stop online shoppers from choosing such loans to pay for products “without knowing the risks”.
Klarna has launched what could be a game-changer for BNPL on desktop with a browser extension “that brings interest-free shopping at all online stores, regardless of whether they are partnered with Klarna or not”.
Activewear brand SOS, intimates brand Pantee and UpCircle Beauty are among the 100 winners of Klarna’s inaugural £3 million ‘Small Business Support Package’ to help pandemic-hit retail SMEs get back on their feet.
Some 96% of UK retailers are taking steps to be more sustainable since the pandemic, according to a new findings. But there’s a huge gap between what brands say they’re doing and what they’re achieving.