Business
The Commonwealth Bank is waiving Klarna merchant fees as buy now, pay later competition turns up the heat – Business Insider Australia
Klarna is trying another major push into the Australia after failing to hit its stride in the first six months.
- Klarna has temporarily waived its 5.5% merchant fee for a period of six months.
- It does so in partnership with the Commonwealth Bank, which holds a stake now worth around $2 billion.
- The announcement comes as Klarna struggles to make an impact in the Australian…
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