Wirecard and Klarna have announced today the launch of a new joint payment solution. All three Klarna shopping methods, Pay Now, Pay Later and Klarna Financing, can now be embedded into merchants’ checkout via a single integration through the Wirecard digital financial commerce platform to boost average order value, conversions and hence fuel growth for merchants.
As the single point of contact for merchants, Wirecard ensures that Klarna is integrated easily into the merchants’ checkout page as a payment option and also processes all subsequent payments made via Klarna. Merchants that take advantage of the all-in-one-integration will be able to offer consumers the full range of Klarna payment methods in nine markets (Sweden, Norway, Finland, Denmark, Switzerland, Germany, Austria, Netherland and the United Kingdom) with more regions in 2020 including the US and Australia. In addition, Wirecard and Klarna cover the merchant and consumer risk respectively, meaning that the payments are guaranteed.
Through the cooperation, Wirecard and Klarna 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.
“We are proud to team up with Wirecard to combine the best of our offerings into a single solution,” said Luke Griffiths, Commercial Vice President at Klarna. “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.”
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