Klarna’s partnership with Stripe has doubled new merchants in Q4 2024. Stripe businesses in 25 countries can now offer Klarna’s BNPL, driving conversions by 14%.
Klarna is an AI-powered payment platform with 85M active users.Its partnership with Stripe extends BNPL to businesses in 25 countries.Q4 2024 saw a doubling of new merchants offering Klarna.This follows increased demand for flexible, consumer-friendly payments.Stripe is now a vital partner in Klarna’s global expansion strategy.
Stripe found BNPL boosts revenue by 14% for businesses.This is from better conversion & higher average order values.Stripe launched a no-code A/B testing tool for payment methods.Businesses can easily measure Klarna's revenue impact.Short-term, interest-free credit is Klarna's standout feature.
David Sykes of Klarna sees Stripe as a key distributor.“Our goal is to make Klarna available everywhere,” he says.Stripe powers startups & Fortune 500s alike, making it ideal.The partnership is a win-win for both companies & consumers.This reinforces Klarna’s consumer-centric payment ecosystem.
Klarna processes 30% of payments as immediate transactions.Its BNPL offers manageable credit with safeguards for users.Default rates are much lower than traditional credit options.This makes Klarna a more responsible alternative for consumers.Interest-free, flexible payments drive satisfaction & loyalty.
Will Stripe help Klarna dominate global BNPL markets?
Each week we select most important sector news and statistic
so that you can be up to speed