Klarna a leading global retail bank, payments and shopping service, today announced an expansion of its partnership with ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world’s largest mobile e-commerce platforms. The partnership, which will initially allow flexible payment options to consumers in the US, is part of a broader drive by Wish to expand ‘Buy Now, Pay Later’ (BNPL) offerings to its users across its platform.

Through the partnership, Wish users in the US will be able to split the cost of their purchase over four interest-free payments through Klarna’s Pay in 4 solution. Users are required to pay the first 25% of the transaction at checkout, while the remaining three payments are automatically collected every two weeks. 

Klarna’s Pay in 4 solution gives Wish users a greater level of choice and flexibility. Klarna and Wish will deepen their partnership in 2022, rolling out alternative payment options to…