Petco will begin offering its customers a buy now, pay later (BNPL) option with the help of the Swedish BNPL company Klarna, the pet supply chain said on Thursday (Aug. 5). The new payment option lets pet parents split their purchases into four interest-free installments, paid off over the course of six weeks. Related news: Petco's Revenues Soar Amid Growth In Pet Ownership Petco Chief Digital and Innovation Officer Darren MacDonald said the arrangement will let customers care for their pets, 'whether they're welcoming a new family member, caring for a pet's unique health needs or restocking on the basics.

https://www.pymnts.com/buy-now-pay-later/2021/klarna-helps-petco-enter-bnpl-space/

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