Klarna (NYSE: KLAR) announced a partnership with Aven Hospitality to integrate flexible payment options into the booking systems of more than 10,000 hotels connected to Aven's platform.

The integration allows travelers to pay for hotel stays through Klarna's payment methods, including paying in full, splitting costs into interest-free installments, or selecting longer-term financing options. The service launches across the United States, Sweden, Germany, Austria, Norway, and Finland, with additional markets planned throughout the year.

"Hotel stays are among the largest expenses travelers book in a single transaction, and until now, the default way to pay has been to put it on a credit card and carry a revolving balance," said David Sykes, Chief Commercial Officer at Klarna. "With Klarna integrated into Aven's Booking Engine, travelers can pay in full, split the cost into interest-free installments, or choose longer-term financing."

Aven Hospitality, formerly Sabre Hospitality Solutions, operates as a global technology provider in the hospitality industry. The company's SynXis platform serves 35,000 hotels across 190 countries through 600 integrations.

"By integrating Klarna into Aven's Booking Engine, we're empowering hotels to meet those expectations at scale while giving travelers more choice and control in how they pay," said Ethan Wiseman, Head of Distribution, Product Management at Aven Hospitality.

Klarna reports 118 million global active users and processes 3.4 million transactions daily. The company provides payment solutions to over one million retailers including Uber, H&M, Sephora, and Airbnb, according to the press release statement.