Why Friction is Underestimated with Sebastian Siemiatkowski of Klarna
For Starters with Alexa von Tobel
00:00
How Do I Create a New Form of Payment Network?
PayPal and MX charge merchants a high fee, use some of that money to incentivize the consumer through bonus points. Traditional private label credit cards were created with much more immersions in the US. They would push you into not that healthy credit. So I think that my conclusion over the years has been like, how do I try to create a new form of payment network? And on the other hand, how do we offer something that's attractive to consumers?"
Transcript
Play full episode
