APEXX Global partners with Klarna for flexible payments
By Gloria Methri
APEXX Global, the global payments orchestration platform, has partnered with the AI-powered payments network and shopping assistant, Klarna, offering its flexible and interest-free payment options to merchants around the world.
APEXX Connect, which allows merchants to host “Buy Now, Pay Later” (BNPL) services via a single API, has integrated Klarna globally across all its markets. This strategic alliance will help APEXX’s diverse list of merchants reduce their transaction costs, increase sales, and access Klarna’s widespread customer base.
The partnership, already in effect, will also open the travel sector for Klarna, where APEXX has a rich list of clients.
Brian Joseph, VP, Partnerships at APEXX Global said, “We are proud to partner with a market-leading payments network in Klarna and this aligns with our mission to provide the most innovative solutions to our merchants. APEXX Connect will now be available in over 50 markets, which is testament to our commitment to serving a global clientele in every major market.”
Anisha Mohammed, Head of Partner Success at Klarna added, “Our partnership with APEXX allows us to continue our strong growth mission, by expanding into new markets and looking into different verticals. APEXX is extremely strong in the travel sector with a number of well-known clients, so this agreement is well-placed for us as we take the next step on Klarna’s journey.”
APEXX Global combines acquirers, gateways, shopping carts, and Alternative payment methods into a single marketplace and one-stop solution for Enterprise/Tier 1 merchants. It builds an integrated and transparent service that manages the authorisation, processing, and optimisation of transactions.
APEXX takes an agnostic approach to partnerships, working with many different solutions providers across the payments industry. The company’s mission is to help businesses grow by reducing unnecessary costs, increasing conversion rates, and simplifying the payment execution process.
IBSi Daily News Analysis
January 16, 2024
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