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    Home»Fintech»Rite Aid signs on for FinTech giant Klarna’s customer centric Pay in 4 payment option across stores — Retail Technology Innovation Hub
    Fintech

    Rite Aid signs on for FinTech giant Klarna’s customer centric Pay in 4 payment option across stores — Retail Technology Innovation Hub

    October 17, 20242 Mins Read


    Rite Aid shoppers with a Klarna account can now pay for their purchases over time with no interest, and no added fees as long as payments are made on time. The integration with Rite Aid’s in-store checkout process ensures that customers can tap the offering across a wide range of products, including everyday essentials, health and wellness items, and over the counter medicines.

    Klarna payment methods are not available on certain products including prescriptions or doctor services.

    Rite Aid customers using the Pay in 4 payment option need to create a Klarna digital card in the firm’s app for use at checkout. The first payment will be due at checkout, followed by three interest free payments due every two weeks. Customers can track their payments and receive reminders through the app.

    2024 RTIH INNOVATION AWARDS

    Payments are a key focus area for the sixth edition of the RTIH Innovation Awards, which is now open for entries.

    The awards, sponsored by Scala, CADS, 3D Cloud, Brightpearl by Sage’s Lightning 50, and Retail Technology Show 2025, celebrate global tech innovation in a fast moving omnichannel world.

    Key 2024 dates

    Friday, 25th October: Award entry deadline 

    Tuesday, 29th October: 2024 shortlist revealed

    30th October-6th November: Judging days

    Thursday, 21st November: Winners announced at the 2024 RTIH Innovation Awards ceremony, to be held at RIBA’s 66 Portland Place HQ in Central London.



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