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Klarna Brings BNPL to 200,000+ Home Service Pros via Housecall
Klarna's Pay in 4 and longer-term financing now available on Housecall Pro for 200,000+ pros. BNPL adoption for large home repairs remains low at 0.9%, per PYMNTS.
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Home service professionals on the Housecall Pro platform can now offer Klarna payment options, Klarna said Wednesday. The partnership adds interest-free Pay in 4 and longer-term financing to the field service platform, according to the release. Housecall Pro counts more than 200,000 home service professionals.
The move targets a market where BNPL for large home repairs is still small. A PYMNTS Intelligence report found that 0.9% of consumers used BNPL for home improvement purchases of $1,000 or more in the prior 12 months. For home furnishings and appliances at that price point, 28.5% had used BNPL.
“The home services industry has modernized rapidly, and homeowners increasingly expect the same flexible payment experiences they get everywhere else,” Ethan Senturia, president of platform at Housecall Pro, said in the release. “Together with Klarna, we’re helping pros deliver a more seamless customer experience with greater choice, transparency and payment flexibility, making it easier for homeowners to move forward with essential repairs and projects.”