River Island offers pay by instalments with Klarna

River Island has joined the wave of fashion retailers offering flexible payments by introducing a pay by instalments option with Klarna.

In a service enabled by Adyen, shoppers at the high street chain can now split payments into three equal monthly instalments, free of interest and fees.

Sean Hastings, Chief Customer Officer at River Island UK, said: “Introducing Klarna’s ‘Pay in 3’ gives our customers a more flexible way of buying into our latest collections. It’s a great benefit to River Island customers and Klarna’s credentials in this space made them the right partner to make it happen.”

Klarna offers a range of different payment options and has numerous partnerships with UK fashion retailers from Arcadia to ASOS, Superdry and Missguided to name a few. The Swedish bank has been at the forefront of the movement towards alternative payment solutions.

Luke Griffiths, General Manager at Klarna UK, commented: Over the last two years, River Island has invested heavily in its technology and customer service. By introducing Klarna, the team demonstrates its commitment to delivering a great experience for customers.

"Klarna is proven to increase conversion and customer acquisition for over 4,500 UK retailers, so we’re confident that we will accelerate River Island’s growth plans with a truly customer-centric payment experience.”