Klarna, the AI-powered global payments network, and shopping assistant, will launch its flexible payment methods on Adyen’s (ADYEN:AMS) physical payment terminals across Europe, North America, and Australia.
Adyen, which claims to be the financial technology platform of choice for businesses, is the first global PSP to launch Klarna simultaneously “on all physical payment terminals worldwide.”
The move is 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.”
The launch builds on Klarna and Adyen’s long-standing partnership, “simplifying payments and improving the customer experience for thousands of online retailers worldwide.”
After this pilot phase, the new offering should be available for a wider rollout during October.
David Sykes, Chief Commercial Officer at Klarna:
“We want consumers to be able to pay with Klarna at any checkout, anywhere. Our strong partnership with Adyen gives a massive boost to our ambition to bring flexible payments to the high street in a new way.”
As covered, Adyen claims that it is one of the leaders in “the in-person payments solutions industry with over 450,000 devices ranging from countertop devices to mobile terminals.”
Alexa von Bismarck, President EMEA at Adyen said the launch highlights the strength of the collaboration with Klarna with their Buy Now Pay Later (BNPL) payment method to in-store terminal.
Adyen is launching Klarna’s Dynamic QR solution. To make a payment, the customer scans a QR code “displayed on the Adyen terminal and completes the transaction on their mobile device.”
The customer can pay using one of Klarna’s interest-free BNPL payment methods and “can keep track of the purchase in their Klarna app, alongside all their other Klarna purchases.”
