CaixaBank has partnered with Apple Pay to allow customers to split payments, claiming it is the first bank in Europe to offer Buy Now, Pay Later (BNPL) services on e-commerce transactions.

As part of the partnership, CaixaBank said that customers with certain Apple devices will soon have the option to pay in full or spread the cost over multiple months directly at the point of purchase when paying with their CaixaBank cards on Apple Pay.

Customers will be offered this option when shopping online using Apple Pay and when shopping through apps.

CaixaBank said the service will allow customers to see payment options available to them, understand cost including any interest, and choose how they’d like to pay before completing their purchase.

It added that the use of payments via mobile phones is increasing in Spain as around 4.4 million of its customers have cards linked to mobile devices, making over 800 million transactions over the past 12 months.

According to its data, over 30 per cent of in-person purchases made with CaixaBank cards were made using mobile phones.

Earlier this month, BNPL firm Klarna announced that its services will be available to Apple Pay at checkout in-app and online in the US and UK.

Klarna said it intends to expand the service to users in other countries, with plans to launch in Canada in the coming months.

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