Klarna expands partnership with Adyen to streamline card payments for 150 million customers and 500,000 retail partners worldwide.
The AI-powered global payments network and shopping assistant Klarna is expanding its partnership with Adyen, the global fintech platform, so that Klarna can take advantage of Adyen’s acquisition capabilities to streamline card payments for Klarna’s 150 million customers and 500,000 retail partners worldwide.
Adyen will take on the job of acquiring bank on behalf of Klarna’s various consumer offerings under the recently improved relationship, with an initial focus on Europe, North America, and Asia in 2024.
For more than ten years, Adyen has provided its customers with the full range of Klarna’s payment alternatives, including their interest-free Pay Now and Pay Later choices.
Adyen, a payment processor, will assist Klarna in facilitating more easy payments for its 150 million global consumers.
Klarna has effectively introduced its payment and shopping services globally, demonstrating a deep understanding of the current consumer journey. The technology developed by Adyen is expected to simplify payments in a global setting. Adyen’s financial technology infrastructure enables Klarna to focus even more on providing customers with the greatest possible shopping experience on a global scale.
An expedition to enhance “international trade offerings”
Adyen’s co-founder and co-CEO, Pieter van der Does, outlined the importance of fortifying the company’s alliance with Klarna, saying, “Klarna has, in many ways, revolutionized the digital shopping experience.”
I’m happy to announce that we are now collaborating to make payments and purchasing in our specialized fields easier. The integration of Adyen’s financial technology platform with Klarna’s diverse range of consumer solutions is poised to elevate the global standard for payments and consumer experiences.
“Adyen is fortunate to work with businesses that are reshaping commerce,” stated Tobias Lindh, managing director of Adyen Nordics & Baltics, in addition. “Klarna is the latest testament to this.” It is really exciting to advance our partnership both locally and internationally because Klarna has revolutionized the way people shop globally.
Adyen’s goal is to give global businesses operating in the digital economy the means to establish smooth payments, scalability, and customer journeys, irrespective of their market, sales channel, or industry. This is demonstrated by their collaboration with Klarna.
“Adyen, a world-class financial technology platform for businesses with global ambitions, aligns seamlessly with Klarna’s role as the preferred payments network and shopping assistant for consumers and retailers worldwide,” said Sebastian Siematkowski, co-founder and CEO of Klarna, in addition to discussing the partnership. As a reliable partner, Adyen will be crucial to our efforts to improve our solutions for international trade.
