Swedish PayTech unicorn Klarna and Wirecard, the FinTech company, have launched a joint payment solution.
The deal will see all Klarna’s shopping methods 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.
The new partnership will enable merchants to add the options on their checkout site in Sweden, Norway, Finland, Denmark, Switzerland, Germany, Austria, Netherland and the United Kingdom.
“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.”
Kilian Thalhammer, executive vice president product management at Wirecard, added, “Shoppers seek, above all, a frictionless shopping journey. Together with Klarna, we will give shoppers exactly that: a hassle-free shopping experience, on their terms. Merchants will also benefit from a more streamlined and efficient integration – meaning that merchants and shoppers are that much closer to their ideal checkout experience. We are happy to join forces with Klarna.”
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