I’ve wondered what the business model is here since klarna always advertises “interest free” loans. That option does exist, but from the actual announcement there’s another loan option - which of course is just a payday loan:

> Pay in Full allows customers to pay for what they love right away using Klarna’s seamless payments experience.

> Pay in 4 allows customers to pay in four equal interest-free installments

> Pay Later allows customers to defer payments to a more convenient time, such as a date that aligns with their paycheck schedules

https://about.doordash.com/en-us/news/doordash-partners-with...

Edit: I’m understanding now they’re also betting on missed payments just like credit cards. The payday option maybe also be “interest free” - unclear from the press release imo.