12 February 2021 - Klarna, the leading global payments and shopping service, today announces a strategic collaboration with Ingenico (part of Worldline, the European leader in the payment and transactional services industry, since late 2020) to make Klarna’s online payment solutions accessible to even more European merchants.
The expansion builds on an initial successful rollout in the Nordics, Germany, Austria and Switzerland. Now merchants across Belgium, the Netherlands and the United Kingdom will also have the ability to implement Klarna’s seamless checkout experience and full payment suite*. Klarna’s payment solutions allow merchants to offer their consumers more flexibility, transparency and convenience when shopping online. Through the partnership, Worldline and Klarna will be complementing each other’s services, while expanding Klarna’s potential merchant base and global consumer brand. Shoppers will continue to enjoy a smooth, user friendly checkout experience when paying via Klarna.
“By including Klarna into the Worldline payment platform, we pursue our mission to support merchants on way to efficient growth. Several studies indicate that almost half of the customers abandon their purchase if their preferred payment method is not accepted. Offering a broader choice of popular payment methods helps the merchants increase their conversion rates,” highlights Frederic Loos, CMO, Merchant Services at Worldline.
“We are excited to partner with Worldline and become a true growth partner for their merchants. The last year has seen unprecedented change in retail with e-commerce becoming the increasingly dominant engagement channel for merchants across markets. Together with Worldline, we help merchants to adapt to that change and offer a better online shopping experience for consumers. Klarna’s payment solutions enable merchants to meet changing consumer demands, while ultimately unlocking growth, and driving customer satisfaction and loyalty,” says Alex Marsh, Head of Klarna UK.
## ENDS ##
Note to editors
*Product availability varies per market
About Klarna
We make shopping smooth. With Klarna, consumers can buy now and pay later, so they can get what they need today. Klarna’s offering to consumers and retailers includes payments, social shopping and personal finances. Over 200,000 retail partners, including H&M, IKEA, Expedia Group, Samsung, ASOS, Peloton, Abercrombie & Fitch, Nike and AliExpress, have enabled Klarna’s innovative shopping experience online and in store. Klarna is the most highly valued private fintech in Europe and the fourth highest globally, with a valuation of $10.65 billion. Klarna was founded in 2005, has over 3,500 employees and is active in 17 countries. Klarna has been backed by Sequoia Capital since 2010 and more recently, Dragoneer, Bestseller Group, Permira, Visa, Atomico, Ant Group and Silver Lake, HMI Capital, TCV amongst others. For more information, visit klarna.com.
About Worldline
Worldline [Euronext: WLN] is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly-secure payment transaction processing, a broad portfolio of payment terminals as well as e-ticketing and digital services in the industrial environment. In 2019 Worldline generated a proforma revenue of 5.3 billion euros. worldline.com