NEWS
NEWS
Eurostar introduces Klarna for flexible payments in the UK and France
Klarna, the AI-powered payments and shopping network, has announced its launch with Eurostar, enabling travellers in the UK and France to book their journeys with greater flexibility. Customers checking out on Eurostar. com can now choose Klarna’ s Pay in 3, allowing them to split the cost of their ticket into three equal, interest-free payments, or Pay in Full for a seamless one-time transaction.
With record-breaking passenger demand and Eurostar’ s commitment to making sustainable high-speed rail more accessible, this new payment solution will give even more travelers the flexibility to book their journeys with ease.
Raji Behal, Head of Western and Southern Europe at Klarna, said:“ Hello, bonjour, and Bienvenue to a smoother way to book your Eurostar trip. Eurostar has changed the way we travel between the UK and Europe – now Klarna is changing the way we pay for it. Whether you’ re heading to Paris for a weekend getaway or Brussels for business, you can now check out with Klarna and choose to pay in full or split the cost over time. Fast, flexible, and now even easier to book – just like train travel should be.”
Francois Le Doze Chief, Commercial Officer at Eurostar, added:“ At Eurostar, we’ re always looking for ways to enhance the customer experience and make high-speed rail the most convenient and accessible way to travel in Europe. By partnering with Klarna, we’ re giving our passengers more choice and flexibility at checkout, making it even easier to plan their journeys across our expanding network. Whether it’ s a luxury weekend getaway to Paris or booking one of our great value Train + Hotel packages in Amsterdam, Klarna’ s flexible payment options align perfectly with our vision of seamless, sustainable and customerfriendly rail travel.”
PayPal and Coinbase expand partnership to drive innovation of stablecoinbased solutions
PayPal Holdings and Coinbase Global have announced an expansion of their partnership to increase the adoption, distribution and utilisation of the PayPal USD( PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises and institutions as they continue to utilise digital currencies across platforms and borders with the stability of regulated USDdenominated crypto-native assets.
This partnership will give Coinbase’ s millions of customers direct access to PYUSD while also enabling the thousands of institutions already using crypto increased utility with PYUSD. Additional details include:
• 1:1 PYUSD to US $ conversions – Coinbase users will now be able to buy, sell, trade PYUSD with no platform fees, while also being able to redeem PYUSD 1:1 for US dollars directly on Coinbase platforms.
• Payments related activities – The two companies are committed to collaborating on a variety of innovations that will help accelerate the adoption and utility of stablecoin based solutions for the purposes of moving or managing money around the world, particularly in commerce.
• DeFi exploration – Coinbase and PayPal agree to explore new use cases for PYUSD in DeFi and onchain platforms.
“ For years, we’ ve worked with Coinbase to enable a best-in-class integration to provide a simple, familiar way for PayPal users to fund crypto purchases on Coinbase. Our objectives aligned further as we deployed PYUSD in combination with our payments expertise enabling greater commerce applications,” said Alex Chriss, President and CEO, PayPal.“ We are excited to drive new, exciting, and innovative use cases together with Coinbase and the entire cryptocurrency community, putting PYUSD at the centre and driving further utility and adoption for digital currencies among developers, customers and other users.” www. intelligentfin. tech
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