We’ve signed an agreement to introduce Klarna’s Buy Now, Pay Later (BNPL) and flexible financing options to businesses that rely on J.P. Morgan Payments for payment processing. These options will be an expansion of the payment methods that merchants can access through our Commerce Platform, with plans to launch later this year.

Including Klarna and other payment methods to our Commerce Platform enable us to offer merchants the right tools to meet different consumer preferences and needs, ultimately driving customer satisfaction and growth.

Klarna will also join the J.P. Morgan Payments Partner Network, which brings together J.P. Morgan Payments’ extensive suite of payment solutions and its third-party relationships to help clients build, implement, expand and optimize payments strategies based on their business needs.

Read the press release here and check out media coverage in Bloomberg, Payments Dive and PYMNTS.

Features and timelines are subject to change at the Bank’s sole discretion.