Airbnb lets cash-strapped guests pay in installments
A partnership between Airbnb and payment platform Klarna allows guests to ‘Pay Over Time’ for stays in rental properties
Consumers have become familiar with Klarna’s flexible payment options in recent years thanks to their rapid expansion throughout the online retail space, with major retailers such as Mr Porter and travel agents like Expedia already penning deals with the firm.
Key takeaways
- The “Pay Over Time” scheme was limited to guests in the US and Canada, with international availability to be added “throughout the year”;
- Applications to pay in four installments over a six-week period will be offered at checkout, while customers in the US would also have the option of paying monthly for bookings totalling over US$500.
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