Klarna will begin allowing users in the UK to make payments directly from their bank accounts as part of the fintech giant’s efforts to reduce its reliance on Visa and Mastercard.
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Klarna takes aim at Visa, Mastercard with open banking push
"Open banking offers a huge opportunity for Klarna to reduce the cost of payments to society by cutting out the established card payment networks, and using up-to-date bank account data to make ever better lending decisions."
