COLUMBUS, Ohio—Buy now, pay later is making a bigger push into physical retail, with Klarna announcing that its installment payment service is now accepted at more than 400 Walmart Canada locations, Digital Transactions reported.
The rollout marks an expansion of the companies’ existing partnership, which began online in 2023, and positions Walmart as Klarna’s largest retail partner in Canada.
Shoppers making purchases of more than $50 CAD at assisted checkout lanes can now choose to pay in full or in installments using Klarna. To do so, customers scan a QR code displayed on the checkout screen with their smartphone. Klarna emphasized that, for now, the option is not available at self-checkout kiosks, Digital Transactions explained.
Klarna entered the U.S. in 2015 and Canada in 2018, steadily broadening its footprint. Earlier this year, it began offering installment loans for purchases at Walmart stores in the U.S. through OnePay, with plans to integrate Klarna’s payment option directly into U.S. store checkouts later in 2025—replacing Affirm as Walmart’s BNPL partner, Digital Transactions noted.
The move underscores Klarna’s bid to extend beyond e-commerce into brick-and-mortar retail, where the vast majority of purchases still occur. According to the U.S. Census Bureau, 83.7% of U.S. retail sales in the second quarter took place in stores. To further its reach, Klarna also launched a debit-based Klarna Card in June, giving consumers another option to bring BNPL into their everyday spending, Digital Transactions added.