Klarna has entered into a strategic partnership with payments firm Ingenico to help roll out its flexible payment options at the point-of-sale.
According to Ingenico, the partnership will help facilitate the rollout of Klarna’s flexible payment options at the PoS using PPaaS, Ingencio’s innovative, cloud payments platform as a service.
PPaaS enables its clients such as banks and merchant acquirers to select from a catalogue of payments and value-added services without the need for lengthy and expensive software development and avoids the complexity associated with deployment across a variety of terminal brands.
As Ingenico’s customers progressively deploy PPaaS across their estates, Klarna will leverage this deployment to extend the ability of consumers to use Klarna’s interest-free alternative payment solutions at a variety of physical retail locations.
Klarna head of North America Kristina Elkhazin said, “Historically, change in the in-store payments experience has been slow. We see Ingenico’s PPaaS as a significant accelerator that will allow us to bring Klarna’s innovative payment solutions wherever customers want to shop, including on the shop floor.
“We’re excited to bring retailers the confidence they have come to expect in payments that are processed on their existing infrastructure as well as the necessary integrations with other parts of their retail technology.”
PPaaS general manager for Ingenico Giulio Montemagno added, “Digital commerce has made online shopping a daily habit for millions of consumers around the world. The flexibility, ease, and speed of online shopping experiences is now transforming how consumers expect to shop in-store.
“How people pay is very much at the center of this transformation. Klarna has been an industry innovator in extending payment options to consumers online, and now it’s doing that in-store. This brings value to consumers and retailers alike, and we look forward to enabling Klarna payment options at the point of sale for clients in our different markets.”
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