J.P. Morgan Payments Platform Adds Klarna Checkout Options

The integration builds on a partnership Klarna and J.P. Morgan Payments announced in February 2025. The PYMNTS Intelligence report "Unpacking Merchant Strategies and Consumer Demand for Flexible Payment Plans" found about 20% of merchants have received complaints from consumers about the inability to pay how they want, pushing retailers to offer a range of installment plans.

Another PYMNTS Intelligence report, "BNPL's Multi-Provider Moment: Why Shoppers No Longer Pick Just One," found that among buy now, pay later users, 44% used Klarna. The Swedish fintech reported in May that its U.S. business remained a key growth engine during the first quarter. Gross merchandise value in the U.S. rose 39% to $7.1 billion, and revenue climbed 67% to $399 million.

Klarna CEO and Co-Founder Sebastian Siemiatkowski said at the time: "Klarna addresses the entire consumer wallet: Pay Now for everyday spending and saving, Pay Later our charge card equivalent at 0% interest for mid-size ticket spending, and POS installments (Fair Financing) for big-ticket purchases."