DoorDash has partnered with Klarna, a Swedish fintech company, to offer US-based customers more payment options. When checking out, customers can select Klarna as a payment option, allowing them to “Pay in Full,” “Pay Later,” or pay in four interest-free installments for orders over $35. There is no interest or fees if customers pay on time. Customers will gain access to Klarna in the coming months.
Although DoorDash isn’t the only delivery app partnering with a fintech company, the decision has sparked mixed reactions from customers. Some joked about the partnership, while others expressed concern, calling it a “recession indicator.” Despite the United States not being in a recession, some economists have pointed to signs that one could be coming. Americans are using the phrase “recession indicator” to describe things they feel are signals of an uncertain economy.
Personal finance expert Dave Ramsey also responded to the partnership with a distressed reaction. Despite the mixed reactions, some users defended DoorDash’s “Buy Now, Pay Later” options, stating that they could be helpful for people in need.
DoorDash views the partnership as key to its growth, as the company has expanded beyond restaurant delivery into other industries, including on-demand grocery delivery. The company has also secured deals with brands like Ulta Beauty and Lowe’s. Flexible payment options are seen as essential to meeting customers’ needs as DoorDash continues to expand its offerings.
Leave a Reply