As part of the collaborative effort, Stripe users in 20 countries can offer Klarna as a payment option, while Klarna will use Stripe to accept payments from customers in the U.S. and Canada. In addition, after a customer’s initial purchase from a retailer is funded by Klarna, the subsequent repayments are all processed by Stripe.
“Over the past years, Klarna and Stripe redefined the eCommerce experience for millions of consumers and global retailers. Together with Stripe, we will be a true growth partner for retailers of all sizes, allowing them to maximize their entrepreneurial success through our joint services,” said Koen Köppen, Klarna's chief technology officer. “By offering convenience, flexibility and control to even more shoppers, we create a win-win situation for retailers and consumers alike.”