DoorDash and Klarna have partnered to roll-out a new payment experience that gives food lovers something to smile about. The partnership allows customers to enjoy their favorite meals, such as a burrito or a McDonald's order, and pay for it later using a flexible, interest-free installment plan. The new installment payment system will allow consumers to pay their bills in four convenient payments. This provides a great resource for those seeking versatile financing. The required minimum purchase to qualify for this payment plan is $35.
The partnership provides customers with increased convenience and options when purchasing meals. It keeps pace with an exploding consumer appetite for convenient payment solutions, particularly in today’s booming food delivery space. DoorDash and Klarna have been pretty clear that the focus of this partnership is to improve consumer experience. It provides a compelling new option to cash and other payment methods.
Here’s what Consumer Reports had to say on the historic move. They draw attention to the dangers of consumers mismanaging their payments. Billy Chuck Bell, for Consumer Reports, said consumers should be careful of the dangers of lagging payments.
“If you don’t pay the bill on time and you start getting multiple late fees, it could end up being a very expensive chile relleno or pad Thai.” – Chuck Bell of Consumer Reports
In even odder financial news, the virtual currency bitcoin has hit a market cap of $850 million. This valuation comes from the sum value of its many digital currencies. The charming story we heard in 2010 is about a particular programmer who mined tons of bitcoin but somehow made a dreadful mistake. The pizzaiolo who accepted the 10,000 bitcoins—worth millions today—failed to cash in on one of history’s largest pizza orders.
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