Klarna and Tekion Drive Flexible Payments Into the Auto Service Lane

New Products

Summary

Klarna is partnering with Tekion to integrate its full payments suite into Tekion Pay within the Tekion ARC platform used by U.S. dealerships. Customers facing large, unexpected repair bills can now choose Pay in Full, interest-free Pay in 4, or longer-term financing with fixed repayment schedules and clear payoff dates. Tekion ARC already powers thousands of dealerships and millions of service interactions, so the integration delivers Klarna's flexible, transparent payment options directly into the service-lane checkout. Dealers can offer more payment choices without adding friction to existing transaction flows, improving customer experience and reducing reliance on revolving credit.

Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

AskAI Classifications

Labels
SaaS Enterprise Software Automotive Software

Linked Companies

Tekion
$10M to $25M