Klarna’s buy now, pay later options are set to be available for businesses using JPMorgan Payments for their payment processing.
As the Swedish BNPL giant prepares for its IPO in April, it has secured a partnership with the world’s largest merchant acquirer, which handles over $2 trillion in transactions each year.
Starting later this year, Klarna’s payment methods, including interest-free BNPL and flexible financing options, will be integrated into the JPMorgan Payments Commerce Solutions Platform. Additionally, Klarna will join the JPMorgan Payments Partner Network, enhancing a range of payment solutions alongside the acquirer’s third-party relationships.
David Sykes, chief commercial officer of Klarna, stated, “By collaborating with JPMorgan Payments, we’re bringing our payment solutions to even more businesses and fast-tracking our ambition to make Klarna payments available everywhere, for everything.”