Adyen Introduces Flexible Klarna BNPL Payments to the High Street

Klarna, the AI-powered global payments network and shopping assistant, is launching flexible payment methods on physical payment terminals from Adyen across Europe, North America and Australia.

Adyen is launching a QR payment solution by Klarna. To make a payment, customers scan a QR code displayed on an Adyen terminal, enabling them to complete the transaction on their mobile device. Customers can pay using one of Klarna’s interest-free BNPL payment methods, while keeping track of the purchase in their Klarna app, alongside other Klarna purchases.

Through the launch, Adyen becomes the first global PSP to launch Klarna simultaneously on all physical payment terminals worldwide. This move builds on Klarna and Adyen’s long-standing partnership simplifying payments and improving the customer experience for thousands of online retailers worldwide. After a pilot phase, the new offering should be available for a wider rollout sometime next month.

Alexa von Bismarck, president, EMEA at Adyen

“We’re excited to work together on this pilot, offering shoppers a new, flexible way to pay that will redefine the in-store experience,” says Alexa von Bismarck, president, EMEA at Adyen. “This launch highlights the strength of our collaboration with Klarna as we bring their Buy Now Pay Later (BNPL) payment method to in-store terminals for the first time. We see that consumers care deeply about the in-store touch point and value brands which can allow them to pay how they want – ultimately that is what this collaboration with Klarna is all about.”

The launch also represents a significant milestone for Klarna, which has been steadily growing its presence in physical stores in recent years, in addition to its strong online presence.

“We want consumers to be able to pay with Klarna at any checkout, anywhere,” explained David Sykes, chief commercial officer at Klarna. “Our strong partnership with Adyen gives a massive boost to our ambition to bring flexible payments to the high street in a new way.”

The post Adyen Introduces Flexible Klarna BNPL Payments to the High Street appeared first on The Fintech Times.