Why do I see Klarna's name on Sway's app?
We have partnered up with Klarna, a leading bank in Europe, to help us connect to other banks. We do that through something called Application Programming Interface, commonly known as API, and Klarna is the one providing that service.
When you see Klarna's name inside that app it means we have initiated a bank connection, which could be during the onboarding or during a new payment. Every time there's a bank connection we do it through our Klarna partner.
This is the best way for secure and fast payment, and rest assured Klarna won't retain any of your personal data and will only tell your bank (or your customer's) to initiate a transaction.
If you want to know more please reach out to us as we're happy to help.