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Klarna and Xero Bring BNPL to Small Businesses

Klarna and Adyen Collaboration: A Strategic Move into High Street Retail

Klarna and Adyen Collaboration

Klarna and other organizations have been striving to secure a portion of the $11 trillion global in-store payments market, despite the fact that BNPL remains primarily focused on e-commerce.

The new agreement will provide retailers with the opportunity to integrate Klarna instalment payments into 450,000 Adyen terminals worldwide.

Klarna’s Dynamic QR technology will be accessible through the terminals. In order to pay, the consumer scans a QR code on the device and completes the transaction on their mobile device, selecting the BNPL option.

Read: Top 10 Strategies for Effective Fintech Branding

Industry’s Comments

David Sykes, Klarna’s chief commercial officer, stated, “Our goal is for consumers to be able to use Klarna at any checkout, regardless of location.” “Our ambition to introduce flexible payments to the high street in a novel manner is significantly bolstered by our robust partnership with Adyen.”

Read: Fintech Marketing: Top 10 Power Strategies to Accelerate Growth

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