Klarna challenges UK banks with transparent consumer user data revealing 95% of payments paid on time or early
· New data shows that interest-free BNPL offer consumers better outcomes compared to traditional credit, with 95% of BNPL purchases being paid off early or on time. In contrast, 50% of credit card users miss monthly payments and incur interest · Klarna is proactively publishing transactional data to encourage transparency in the credit industry and help meaningful discussions on personal finance based on facts instead of opinions · Unlike traditional credit providers who are obligated to disclose similar data, Klarna is voluntarily offering transparency London, April 4th 2023,
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