Two Partners With Avarda To Launch Integrated Payment Solution For Nordic Market
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B2B payments company, TWO, is collaborating with Avarda, a provider of white-label payment solutions for consumers. Together, they are introducing a fully integrated payment system designed for businesses and consumers in the Nordic e-commerce market.
However, details on whether this partnership is a long-term strategic alliance or could lead to a merger have not been confirmed.
Two And Avarda Partner To Expand Payment Solutions In The Nordic Market
The partnership brings together Two’s Buy Now, Pay Later (BNPL) service and Avarda’s consumer payment platform. This integration will allow businesses in Northern Europe to offer both B2B and B2C payment options within a single checkout system.
The total value of B2B BNPL transactions is expected to increase significantly in the coming years. The new payment service will first launch in Sweden, Norway, Denmark, and Finland.
For Two, this partnership represents an important step in expanding its presence in the Nordic market, building on its existing B2B services across Europe.
Wilhelm Hyltén-Cavallius, Chief Commercial Officer at Avarda, stated that the response from businesses has been highly positive. He added that this collaboration strengthens Avarda’s expertise in consumer payments while enhancing its B2B offerings, providing merchants with a seamless and branded payment solution.
Avarda And Two Focus On Simple And Flexible Payment Solutions For Businesses
Avarda was described as a well-established payment solutions provider in Northern Europe. The company said it delivered complete checkout systems designed to help businesses increase conversion and encourage repeat purchases. It noted that its white-label payment services allowed retailers to manage the customer journey fully.
The firm said its way of working helped shops has their own checkout and after-payment steps. It said this could help shops keep their name strong and bring buyers back. The company said its payment tools could change to fit each shop’s needs, helping them sell more and work better.
Two reported that it wanted to make business payments as easy as card payments. The company said it gave businesses fast and safe ways to let buyers pay later. It said this helped businesses give more payment choices without problems or risk.
Two explained that it operated in multiple countries and worked alongside major financial institutions to improve business transactions. The company said its focus was on removing challenges from payments while ensuring a seamless experience for merchants.
