# Gas Payment Installments Klarna Allows Consumers to Buy Now and Pay Later for their Gas By Grace Mahas | Published 2022-03-18 | Business Source: Trend Hunter, https://www.trendhunter.com/trends/gas-payment-installment References: [fastcompany](https://www.fastcompany.com/90732500/sign-of-the-times-klarna-lets-you-pay-for-gas-in-installments?partner=feedburner&utm_source=feedburner&utm_medium=feed&utm_campaign=feedburner+fastcompany&utm_content=feedburner)  Swedish shopping app Klarna is now allowing consumers to use the [buy now, pay later (BNPL) model](https://www.trendhunter.com/trends/buy-now-pay-later-pizza) with gasoline. Users would be able to pay off the price of filling their tanks in [four installments](https://www.trendhunter.com/trends/instore-installment-payment) over a six-week period, just like the rest of their purchases on the app. A user simply needs to find a gas station in the app, create a $75 digital card, and use it to pay. Any unused funds will be returned to their accounts. The move comes amid [rising gas prices](https://www.trendhunter.com/trends/stinker-stores) in the United States. It is estimated that the average gas price across the country today is over $4 per gallon, but some states on the West Coast are nearing $5 and $6. People who can't afford to drop over $50 at the pump each time might find the short-term loans useful -- as well as an indication of the problem of rapidly escalating prices for necessary purchases. Image Credit: Maarten van den Heuvel/Pexels ## Trend Insights (Trend Hunter) - Score: 1.5/10 - Popularity: 5% | Activity: 30% | Freshness: 11% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [Retail](https://www.trendhunter.com/retail) ## Key Themes ### Why This Trend Is Growing - **Gasoline BNPL:** More companies may adopt the BNPL model for gasoline purchases to cater to consumers' reduced purchasing power caused by rising fuel prices. - **Mobile Gas Payment:** Mobile apps that allow payment at gas stations enable consumers to make contactless and convenient transactions without the need for physical cards. - **Alternative Fuel Payment Options:** Innovative payment systems for alternative fuels such as electric charging stations may benefit from the same BNPL model as Klarna's gas payment installment program. ### Industries Being Reshaped - **Oil and Gas:** Oil and gas companies and stations may benefit from partnering with BNPL providers to offer flexible payment options to their customers. - **Fintech:** Fintech companies providing installment loans or mobile payment solutions can explore new markets such as gas payment installments to diversify their offerings. - **Mobility Services:** Mobility service providers such as car rental companies or ride-sharing services can integrate mobile gas payment options as part of their customer experience. ## Related on Trend Hunter - [Affordable BNPL Programs](https://www.trendhunter.com/trends/apple-pay-later.md) - [Post-Purchase Payment Features](https://www.trendhunter.com/trends/swipe-to-finance.md) - [BNPL Shopping Subscriptions](https://www.trendhunter.com/trends/klarna-4.md) - [BNPL Mobile Phone Services](https://www.trendhunter.com/trends/klarna-mobile-service.md) - [Pay-Later Shopping Cards](https://www.trendhunter.com/trends/klarna-card.md) - [BNPL-Backed Credit Cards](https://www.trendhunter.com/trends/klarna-5.md) - [Expanded Purchase Financing Tools](https://www.trendhunter.com/trends/klarna-6.md) - [In-Flight Flexible Payment Systems](https://www.trendhunter.com/trends/flexible-payment1.md) - [Shop Anywhere Super Apps](https://www.trendhunter.com/trends/klarna1.md)