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. The reason for this is to boost average order value, conversions, and hence fuel growth 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 countries. These include Sweden, Norway, Finland, Denmark, Switzerland, Germany, Austria, Netherlands, and the UK. More regions such as the US and Australia are planned to be included in 2020. In addition, Wirecard and Klarna cover the merchant and consumer risk respectively, meaning that the payments are guaranteed.
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