back Back

Klarna brings BNPL service to CarTrawler’s 250 travel websites

By Gloria Methri

December 14, 2023

  • 0 interest BNPL
  • Airline Payment Solution
  • Al Nukhba
Share

Klarna, BNPL, Drive Now Pay Later, CarTrawler, BNPL, FinTech, UK, EuropeKlarna has signed an agreement with CarTrawler to allow travellers to pay for their car rental using its payment options. As per the agreement, travellers can leverage Klarna’s full range of payment options, including interest-free Buy Now Pay Later, while booking on 70 airlines and 250 travel websites.

CarTrawler combines over 2,000 car rental and mobility suppliers into a booking platform that allows 250 airlines and online travel agencies to offer car rental, airport transfer and ride-hailing services on their websites.

Thanks to the agreement, Klarna is live on 25 airline websites across 15 countries, including Vueling, TAP Air Portugal, and Eurowings. The two companies are working together to launch further websites soon.

Klarna’s short-term, interest-free BNPL products are built to prevent people from building up large outstanding balances. The company only lends to those who can afford to repay by conducting strict eligibility checks on each transaction which gives a real-time view of a consumer’s financial circumstances, unlike credit cards.

“We are super excited to bring our fair payment methods to travellers across Europe with this CarTrawler agreement,” said Raji Behal Head of Western and Southern Europe, UK & Ireland at Klarna. “Providing consumers with flexible payment options and the opportunity to spread the cost of larger purchases like car rental has never been more important.”

Commenting on the partnership, CEO of CarTrawler, Peter O’Donovan, said, “Consumer demand for innovative, flexible payment options continues to grow, and our partnership with Klarna, a highly responsible BNPL provider enables our partners to offer their customers more choice and budget control for car rental and airport transfers. This new initiative is in direct response to the insight we have gathered across our global travel network for changing preferences in the market, and we are delighted to continue to evolve our business in line with what customers want and need.”

Previous Article

December 14, 2023

JCB, IDEMIA & Soft Space launch “JCBDC” to trial offline P2P payments

Read More
Next Article

December 14, 2023

Worldline Group expands APAC footprint with Singapore’s MPI license

Read More








IBSi Daily News Analysis

Fraud

February 23, 2024

0 interest BNPL

Regulated firms battle surge in financial crime attempts, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 23, 2024

Ebury and Nium team to offer cross-border payments in Brazil

Read More

February 23, 2024

MultiPay teams up with Acquired.com to launch Pay By Bank

Read More

February 23, 2024

UNIPaaS unveils AI payment assistant solution for SaaS platforms

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023