In a major strategic move, Klarna has inked a landmark deal with J.P. Morgan Payments, the world’s largest merchant acquirer. The collaboration will integrate Klarna’s innovative Buy Now, Pay Later (BNPL) payment solutions into J.P. Morgan Payments’ Commerce Solutions Platform, expanding access to flexible financing options for businesses globally.
Expanding global payment networks
J.P. Morgan Payments, which processes over $2 trillion in payment transactions annually, now becomes the channel for Klarna’s BNPL and interest-free payment methods. The integration is expected to launch later this year, providing merchants with the robust support needed to compete in an increasingly digital, customer-driven marketplace.
Klarna’s cutting-edge technology, powered by AI, aims to offer shoppers a smarter, more flexible payment experience, while enabling businesses to drive growth and enhance their competitive edge.
As part of the agreement, Klarna will also join the J.P. Morgan Payments Partner Network—a platform designed to help clients build, implement, expand, and optimize their payment strategies with access to a wide suite of payment solutions and third-party relationships.
A major milestone for Klarna
“This is a major milestone for Klarna,” said David Sykes, Chief Commercial Officer at Klarna.
“By collaborating with J.P. Morgan Payments, we’re bringing our payment solutions to even more businesses and fast-tracking our ambition to make Klarna payments available everywhere, for everything.
Together with J.P. Morgan Payments, we’re giving shoppers the flexibility they want while helping businesses grow faster.”
Industry analysts note that the partnership not only broadens Klarna’s global footprint but also enhances the value proposition for merchants seeking seamless payment integration in a competitive digital commerce landscape.
