Leading global payments and shopping provider, Klarna, and global innovation leader for digital financial technology, Wirecard, announced today the launch of a new enhanced joint payment solution.
All three of Klarna’s shopping methods, Pay Now, Pay Later and Klarna Financing, can now be embedded into a retailer’s checkout via a single integration through the Wirecard digital financial commerce platform. It will boost average order value and conversions, fuelling increased sales growth.
Retailers that take advantage of the all-in-one integration will be able to offer consumers the full range of Klarna’s payment methods in nine countries – the UK, Sweden, Norway, Finland, Denmark, Switzerland, Germany, Austria and the Netherlands – from today. More regions will be added throughout 2020, including the US and Australia.
Luke Griffiths, commercial vice president at Klarna, said: “Our joint partnership will enhance both the merchant and end-customer experiences, while expanding our footprint to more geographies. We are looking forward to launching this attractive solution on a global scale.”
Klarna and Wirecard will be complementing each other’s services, while growing Klarna’s potential merchant base and global consumer brand. Shoppers will continue to enjoy a smooth, hassle-free checkout experience when paying via Klarna.
Wirecard and Klarna cover the merchant and consumer risk respectively, meaning that the payments are guaranteed.