The technology company Marqeta is adding more partners to its network.

The company, Marqeta Inc. (MQ), which makes software solutions for payment cards, will work with Klarna, a promising platform for payment in installments. This is not the first big company to use Marqeta’s identification technologies. Marqeta makes technologies that can be used to make plastic cards and safely reroute payments. In particular, its software solutions help make it less likely that money will be stolen or given to people who shouldn’t have it. Large companies like Uber, DoorDash, Block, Affirm, and others are currently partnered with Marqeta.

Marqeta and Klarna have been collaborating since 2018, but they recently announced that they would collaborate even more. The new service will work with Klarna cards, which users will link to their bank accounts to pay for purchases. However, users will be able to split purchases into four interest-free payments. Klarna has 25 million users in the US, and the number of users around the world is getting close to 150 million. This is a big deal for Marqeta because every time its authorization technologies are used in a transaction, it gets a cut.

The company makes more money when there are more partners and owners of plastic cards. Marqeta’s move into the market for payments over time is a good sign for investors. These kinds of services are getting more and more popular, and they can even replace debit and credit cards. The “buy now, pay later” market could reach $3.2 trillion by 2030, according to Precedent Research. With such a large market that can be reached, there is room for many players. Due to its advanced technology, Marqeta can become a partner with several of these services at once and make a lot of money as this market grows.