Airbnb partners with Stripe and Klarna to bolster payments on platform
The news: Airbnb forged partnerships with Stripe and Klarna to beef up its payments offering.
- The tie-in with Stripe lets Airbnb customers pay with a linked US bank account, and they don't have to reenter bank details for future bookings.
- Airbnb's partnership with Klarna will let users in the US and Canada pay for bookings in four interest-free installments over six weeks. For bookings over $500, guests in the US can apply to pay monthly. More markets will be added throughout the year.
Why it could work: Airbnb is widening the payment options it offers to attract more users and increase spending on the platform.
Read the original article on Business Insider
