BNPL platform Klarna launches 'Pay Now'

Klarna has launched its "Pay Now" feature in Australia, which enables Klarna users to pay immediately and in full - essentially like a debit card.

Big bank CEOs wary of BNPL customers

A Federal Parliament banking enquiry has heard a rising number of buy now, pay later customers are overdrawing and falling behind on payments.

BNPL Klarna now available across most merchants

Customers can now shop and pay later anywhere in-store or online through the Klarna app with Klarna’s 'unique' and 'interest-free' virtual one-time cards.