Klarna Increases Card Payments via Adyen

Klarna, an AI-based international payments network and shopping assistant, is expanding its relationship with Adyen, a fintech company, to benefit from Adyen's payment acceptance tools; this will make it easier for the 150 million consumers and 500,000 retailers utilizing Klarna to use their credit cards. Adyen will be in charge of obtaining banking for Klarna's multiple consumer services in their newly strengthened partnership, initially concentrating on Europe, North America, and Asia by 2024. For over a decade, Adyen has offered its clients the complete selection of Klarna's payment solutions, encompassing the interest-free options of Pay Now and Pay Later. Adyen has partnered with Klarna to enable simpler payments for its 150 million customers around the world. Klarna's payment and shopping offerings have seen a successful worldwide launch, due to their comprehensive grasp of the consumer path. Adyen's technology is projected to make payments simpler in a cross-border context, allowing Klarna to concentrate more deeply on the ideal experience for customers across the globe. Pieter van der Does, Adyen's co-founder and co-CEO, underlined the value of strengthening the firm's partnership with Klarna, declaring, "Klarna has completely transformed the digital buying experience in numerous ways." It is my pleasure to share that Adyen's financial technology platform has blended in with Klarna's assorted consumer services to make payments and buying in our specialized arenas simpler. This collaboration is anticipated to raise the international bar for payments and consumer experiences. Tobias Lindh, managing director of Adyen Nordics & Baltics, expressed his delight in being able to work with businesses that are transforming commerce. He added that Klarna is an excellent example of this, and he is looking forward to taking the partnership between the two companies to the next level, both locally and internationally, owing to Klarna's impact on how people shop worldwide. Adyen aspires to empower global businesses in the digital sphere by providing a seamless payments experience, growth potential, and personalized customer experiences regardless of their market segment, sales channel, or field. They have done so by working with Klarna. Sebastian Siematkowski, co-founder and CEO of Klarna, discussed their partnership with Adyen when he said: “As a world-class financial technology platform for businesses with global ambitions, Adyen aligns perfectly with our mission of being the preferred payments network and shopping assistant worldwide for both consumers and retailers. We are confident that Adyen will be a dependable partner as we strive to enhance our solutions for international commerce.”

Source: https://medium.com/@markelitics2022/klarna-boosts-card-payments-with-adyen-9a68614a16dd?source=rss------fintech-5