Klarna joins forces with Adobe Commerce, enabling thousands of merchants to offer BNPL

ClaraAI-powered global payment network and shopping assistant, partners with Adobe Commerce to enable merchants to easily implement Klarna Buy Now Pay Later (BNPL) and other flexible payment options.

Klarna hopes that the partnership with Adobe will not only allow it to expand the number of payment methods available to customers, but will also make purchasing goods and services from these merchants more attractive, thereby increasing its profit margins.

“Our partnership with Adobe Commerce offers thousands of merchants a flexible, seamless, and hassle-free way to accept payments,” it explained. Erin Jaegerhead of North America at Klarna. “This improves the shopping experience for consumers and increases the operational capabilities of merchants.”

The news comes shortly after Adobe Analytics data revealed that consumers continue to use BNPL to gain more flexibility in managing their budgets. From January to April 2024, $25.9 billion in e-commerce spending came from BNPL, an 11.8% increase compared to the same period last year.

Adobe explained that it expects strong growth for the rest of the year, forecasting year-over-year growth of between 8 percent and 13 percent.

“Consumers appreciate the flexibility that Buy Now, Pay Later offers, with Adobe Analytics data showing growth of more than 11 percent this year,” he said. Jason KnellSr. Director, content and commerce partners at Adobe. “Klarna’s global reach enables Adobe Commerce merchants to meet changing consumer needs and remain competitive in today’s digital economy.”

This will give merchants using the Adobe Commerce platform access to Klarna’s payment solutions, and our combined strengths will be used to deliver added value to our customers.

In June, Klarna joined forces with Sainsbury’s to offer UK customers the option to pay using BNPL payment methods at online checkouts Argos, Habitat AND HERE.

Later that month, the global payments network revealed that Klarna Plus, its first subscription service, had surpassed 100,000 subscribers in the U.S. The milestone underscores the brand’s popularity, especially considering the service only launched earlier this year.