Buy Now, Pay Later (BNPL) firm Klarna has partnered with payments and identity platform Bolt to integrate its payment options into Bolt’s checkout services for US customers.

Through the partnership, Klarna will be featured as the default preferred payment method on all Bolt-powered sites and increase Klarna’s network at checkout.

Bolt said merchants will be able to offer Klarna's Pay in 4 which allows consumers to split purchases into four payments or finance higher ticket items with monthly repayments made over a longer period of time.

The integration will go live in the US later this year, with the companies planning to expand the service across further markets around the globe.

"Bolt merchants need powerful tools that help them capture consumer spend," said Ryan Breslow, chief executive of Bolt. "By embedding Klarna natively, we're giving every merchant—from emerging brands to enterprise-scale retailers—a turnkey way to offer flexible payments, without lengthy contracts or approval processes.

“We're excited for our network of 80 million shoppers to discover the simplicity of one-click checkout paired with Klarna's flexible payment options."

The partnership comes after Klarna signed an agreement with point-of-sale provider Clover to bring its services to businesses and shops in the US in April.

The partnership will initially enable around 100,000 merchants to offer flexible payment options for in-store purchases.

Klarna said it plans to roll out the service to new and existing Clover merchants early next year.

The company has also extended its partnership with eBay to offer BNPL to US shoppers.

The move comes after the two companies joined forces in December last year to launch flexible payment options for the online marketplace’s European customer base, including for shoppers in the UK, Austria, France and Italy.

Since launching, eBay said that it has seen customers in these countries split payments to access higher-ticket items such as pre-loved luxury watches.

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