Klarna in the news
Aug 5, 20214 min read

Tails are wagging: Petco unleashes the power of Pay-in-4 by partnering with Klarna.

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by Klarna

Good news for pets and the families who love them! Petco, an industry leading health and wellness company focused on improving the lives of pets and their parents, has partnered with Klarna and become the first pet care brand to offer flexible payment options both online and in-store.

The partnership furthers Petco’s mission to make complete pet care as easy, seamless, and accessible as possible for pet parents who want to focus on their pet’s wellness rather than stress about costs.

“With Klarna, we’re creating another avenue for pet parents to do just that, whether they’re welcoming a new family member, caring for a pet’s unique health needs, or restocking on the basics,” said Chief Digital and Innovation Officer Darren MacDonald

With more than 1,500 locations across the US, Petco offers so much more than the basic supplies your four-legged family member needs. Alongside full-service cat and dog grooming, Petco features veterinary services, Vetco vaccination clinics, adoption services, in-store and online dog and puppy training classes.

Klarna’s flexible payment options are the latest addition to a host of shopping innovations Petco has introduced over the past eighteen months. Other new convenient offerings include nationwide curbside pickup, same-day delivery, Vital Care, the Petco Pay credit card program, and more. The option to pay with Klarna will be available starting later this year and can be applied to all purchases, including merchandise and services.*

“Consumers—especially Millennials and Gen Zers, many of whom are becoming pet parents for the first time—are turning away from traditional credit and demanding more flexible payment options,” said Klarna Head of North America David Sykes. “Klarna’s interest-free solutions increase consumers’ purchasing power, granting them the freedom to shop for and buy what they need, when they need it. At the same time, our brand partners benefit as average order values increase by 20-80% and conversions can climb by 20% or more.”

*Exclusions apply on recurring payments (Repeat Delivery and VitalCare), mobile vaccination clinics and partner veterinary hospitals. Klarna services will only be available to US-based Petco customers.