Will Minnesotan’s Soon Be Able To Order Door Dash On Credit?

I think we’ve all had this happen to us, we’re food from one of our favorite restaurants, but money is a little tight, so it’s off to the kitchen we go to see what we can find that fills the hungry hole we have. 

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If only there was a way to order food and then pay for it when you get your next paycheck? It appears that could be coming soon. 

Door Dash has announced they have reached a deal with Klarna, the company who is known as a “pay later lending company”.  

This may sound too good to be true, but it’s not. Klarna says that customers will be able to order in their meal and then make four payments that align with paydays.  

Door Dash will be paid in full at the time of the order, and instead of sending money to Door Dash, users will instead pay Klarna, just like you would if you used your credit card to pay for the meal. 

This is the first partnership like this for Door Dash, who knows if there will be more.  

There are a couple of things the article from CNBC doesn’t address like when this will start and what the interest rates for the “loan” for food will be. CNBC also doesn’t address what the credit worthiness standards will be, if any.  

I can’t imagine Klarna, who is planning on going public sometime in the near future, would just put themselves in a position for customers to use the service to not pay the bill/loan. 

Klarna has been around since 2005 and they are based in Sweden, and they have retail partnerships established in 26 countries.