Latest news with #BoltConnect
Yahoo
a day ago
- Business
- Yahoo
Bolt integrates Klarna's payment options into CheckoutOS
Checkout and identity platform Bolt has added Klarna's payment options into its CheckoutOS, enabling merchants to offer 'flexible' payment methods to consumers. The integration positions Klarna as the default payment method on Bolt's platform, allowing customers to use Klarna's Pay in 4 feature to split payments or opt for financing on higher-value items. The collaboration streamlines the addition of new payment methods for merchants, eliminating the need for additional contracts or technical development. Klarna's payment options on Bolt-powered stores provide a 'one-click' checkout experience, combining identity verification and payment processing into a single action. The initial phase will see the integration go live in the US later this year, with subsequent plans to extend into other markets and sectors. Bolt CEO Ryan Breslow said: "Bolt merchants need powerful tools that help them capture consumer spend. 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." Bolt's suite of products include CheckoutOS and the SuperApp, an all-in-one finance and crypto hub. Last month, Bolt launched Bolt Connect, to help marketplaces onboard merchants. It also confirmed the support for stablecoin payments. In Q1 2025, Klarna reported a $3m adjusted operating profit, up $5m from the same period in the previous year. "Bolt integrates Klarna's payment options into CheckoutOS " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Bolt Embraces Stablecoin Payments for Global Marketplaces as Digital Dollar Race Heats Up
Bolt, San Francisco-based checkout and payments platform, said on Friday it has added support for stablecoin payments, a move aimed at streamlining cross-border commerce for marketplaces and merchants using its network. The addition is part of Bolt Connect, a new product focused on helping digital marketplaces scale quickly by automating merchant onboarding, compliance and payouts. For merchants, receiving stablecoin payments means fewer bank intermediaries, faster settlements and lower transaction costs, the company explained the initiative in the press release. Consumers can benefit, too: a shopper without a bank account or buying from a store across the world can pay instantly using digital dollars without incurring foreign transaction fees or waiting on credit card clearances. "Marketplaces shouldn't have to choose between scale and simplicity," said Ryan Breslow, Founder and CEO of Bolt. "With Bolt Connect, we're giving them the tools to grow without the usual technical burden, while stablecoin support opens the door to faster, borderless payments for everyone in the network." Bolt is the latest example of global payment firms like Mastercard, Visa and Stripe racing to embrace stablecoins, a type of digital currency with prices anchored to an external asset such as fiat currencies, into their offerings. It's a $260 billion, and rapidly growing, asset class which promises programmable transactions and faster, cheaper cross-border payments than through traditional banking channels. Adoption is expected to accelerate after the U.S. Senate passed the GENIUS Act to regulate the stablecoin sector. Bolt's stablecoin initiative came on the heels of debuting its financial "SuperApp" that allows users to hold, send and receive cryptocurrencies including stablecoins within the application.
Finextra
5 days ago
- Business
- Finextra
Bolt launches support for stablecoin payments
Bolt, the checkout, identity and payments platform, today announced Bolt Connect, a new product designed to help marketplaces onboard merchants faster, streamline operations and scale with fewer resources. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Bolt Connect gives marketplace operators a single integration to support one-click merchant onboarding, built-in compliance workflows, and low-fee or no-fee payouts. With Bolt managing the infrastructure, marketplaces can grow more efficiently while controlling their own brand experience and business model. The company also announced support for stablecoin payments, giving merchants and shoppers enhanced flexibility through new digital payment infrastructure. "Marketplaces shouldn't have to choose between scale and simplicity," said Ryan Breslow, Founder and CEO of Bolt. "With Bolt Connect, we're giving them the tools to grow without the usual technical burden, while stablecoin support opens the door to faster, borderless payments for everyone in the network." Bolt Connect: Built for Marketplaces Bolt Connect is designed to manage costly and time-intensive commerce infrastructure for marketplaces. It enables them to easily onboard and support sellers—whether they have 10 or 10,000—without significant development work and resources. Bolt handles the compliance, payouts, and infrastructure behind the scenes, giving marketplaces a clean path to scale while maintaining a seamless experience for both merchants and end users. Stablecoins: Faster, Cheaper, Global Payments Bolt's support for stablecoins will benefit both sides of the transaction. For merchants, it means faster settlement, lower transaction fees, and easier cross-border payouts—especially relevant for marketplaces using Bolt Connect. Stablecoins allow operators to move money globally without relying on banks or card networks. For shoppers, stablecoins offer a private, instant and borderless way to pay, no credit card, bank account or international fees required. These announcements follow a string of recent product launches from Bolt, part of the company's mission to make commerce easier for merchants and more intuitive for shoppers, regardless of platform, payment method or geography. Recent highlights include a strategic partnership with Palantir to launch Checkout 2.0, an AI-powered, personalized checkout experience that adapts in real time to shopper behavior and preferences, and the debut of Bolt's SuperApp, an all-in-one finance and crypto hub. It also recently launched Bolt Charge, a subscription solution that powers recurring payments for digital goods with no platform fees.
