Jakub Porzycki | NurPhoto | Getty ImagesSwedish firm Klarna is partnering up with Dutch payments fintech Adyen to bring its popular buy now, pay later service into physical retail stores.
Klarna will be included as an option across more than 450,000 Adyen payment terminals in brick-and-mortar locations as a result of the deal, according to the companies.
Klarna's buy now, pay later, or BNPL, service allows users to spread the cost of their purchases over a period of interest-free installments.
Earlier this year, Klarna sold Klarna Checkout, the company's online checkout solution for merchants.
The recently elected U.K. Labour government is expected to set out plans for buy now, pay later regulation soon.
Persons:
Jakub Porzycki, Klarna, David Sykes, Alexa von Bismarck, Adyen, Sebastian Siemiatkowski, BNPL, Tulip Siddiq
Organizations:
NurPhoto, Getty, Klarna, Adyen, EMEA, Alexa, CNBC, Labour, Conservative
Locations:
Amsterdam, Europe, North America, Australia, Swedish