Klarna Will Be Available On Commerce Hub, Fiserv's Enterprise Commerce Platform

Klarna (NYSE:KLAR), the everyday finance network, will be available on Commerce Hub, Fiserv's (NASDAQ:FISV) enterprise commerce platform, for the first time. Merchants in the U.S., Canada, the U.K. and select European markets will be able to offer Klarna both in-store and online. The agreement follows Klarna's launch this week at 100,000 U.S. in-store merchant locations through Clover, Fiserv's point-of-sale platform for small businesses.

With Klarna, consumers can pay in full immediately, pay in 30 days, or split purchases into interest-free installments. Commerce Hub brings these options to enterprise merchants in the U.S., Canada, the U.K. and select European markets, across in-store and online checkout, and marks a meaningful step in Klarna's strategy of building distribution partnerships to grow its network.