Klarna selects Adyen as its global acquiring partner for card payments
By Gloria Methri
Adyen, the global financial technology platform, is strengthening its partnership with Klarna, the AI-powered global payments network and shopping assistant. In this new partnership, Klarna will leverage Adyen’s acquiring capabilities to simplify card payments for its 150 million consumers and 500,000 retail partners worldwide.
Adyen has offered Klarna’s suite of payment methods, including their interest-free Pay Now and pay later options to Adyen customers for over 10 years.
Now, the partnership enters a new strategic phase where Adyen, assumes the role of acquiring bank on behalf of Klarna’s different consumer offerings, starting in Europe, North America, and Asia in 2024. Adyen will, as a payment provider, help Klarna offer more seamless payments to users worldwide.
Klarna has showcased a strong understanding of the modern consumer journey through its payment and shopping services all over the world. Adyen’s technology will help to simplify payments in a global context.
The partnership with Klarna highlights Adyen’s ambition to provide global enterprises with the tools to create seamless payments, scalability and consumer journeys regardless of their market, sales channel or business vertical.
“Klarna has, in many ways, revolutionized the digital shopping experience. I am proud to say we are now joining forces in a partnership set out to simplify payments and shopping in our respective areas of expertise. Adyen’s financial technology platform combined with Klarna’s various consumer offerings will raise the standard of payments and consumer experiences worldwide,” said Pieter van der Does, co-founder and co-CEO, Adyen.
“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. In our journey towards strengthening our global commerce offerings, Adyen will play an integral role as our trusted partner,” says Sebastian Siematkowski, co-founder and CEO, Klarna.
IBSi Daily News Analysis
January 16, 2024
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