Klarna partners with Nexi to boost merchant growth in Europe

Nexi, the European PayTech, has partnered with Klarna to allow its merchants across Europe to offer the company's flexible payment service to shoppers.

Klarna will be automatically enabled as a default option in the Nexi check-out offering, helping merchants to drive revenue growth thanks to the "added-value and flexibility" that its service provides consumers.

Since its pilot in the Nordics, merchant customers of Nexi have on average seen their conversion rates grow. The partnership's extension to other European merchants now covers markets such as Poland and Italy.

David Sykes, Chief Commercial Officer at Klarna, said: "We are really excited to extend this partnership with Nexi, automatically allowing Klarna for thousands more merchants across Europe, and making Klarna available for everyone, everywhere.

"With its extensive reach among e-commerce merchants across Europe, Nexi is a great distribution partner for us. The partnership is a win-win for all, merchants and consumers alike."

Roberto Catanzaro, Head of Merchant Services in Nexi Group added: "We facilitate fast checkout solutions online, offering all the payment methods that are in demand by local consumers.

"Klarna offers our merchant customers and their shoppers more choice and added convenience, boosting the conversion rates for merchants and consequently their revenue growth."