BNPL business Klarna has partnered with payments giant Stripe for global retail.
In Brief:
Retailers use Stripe to process payments.
Now, these retailers can seamlessly integrate Klarna’s payment methods including installment payments.
Klarna will use Stripe’s infrastructure to accept credit card payments.
What does this mean?
The partnership, offering “buy now pay later for businesses”, will be available in all markets where Klarna is active. Retailers can activate Klarna as the preferred payment method on their checkout within minutes, offering more choice especially as Klarna’s infrastructure can now also be used to make immediate payments, not just for credit.
