Nexi, a leading European PayTech company serving millions of merchants across 25 countries, has expanded its partnership with BNPL giant Klarna to enhance payment experiences for merchants and consumers across Europe.
Through this partnership, Nexi will enable its merchant customers to offer Klarna’s payment methods seamlessly at checkout, according to Finextra.
Klarna will be integrated as a default payment option in Nexi’s checkout system, providing added flexibility and value for consumers.
Merchants are expected to see higher conversion rates and increased revenue growth. Following a successful pilot in the Nordics, Nexi is now rolling out the partnership across key European markets, including Poland and Italy.
Nexi is a leader in European payment solutions, offering services to banks, merchants, and consumers.
The company specialises in localised payments on a European scale, ensuring secure and efficient transactions. Its solutions cater to the evolving landscape of digital payments, including account-to-account transfers, mobile wallets, and traditional payment cards.
Klarna is a global payments and commerce network driven by AI, offering consumers a flexible and seamless shopping experience.
The company is known for its buy now, pay later (BNPL) solutions and other innovative payment methods, helping retailers increase sales and improve customer satisfaction.
The expanded partnership is expected to drive significant benefits for merchants, giving them access to Klarna’s well-established network and payment solutions.
The integration of Klarna as a default checkout option will simplify the process for merchants, ensuring a seamless and frictionless payment experience for shoppers.
Roberto Catanzaro, head of merchant services at Nexi Group, said, “We facilitate fast checkout solutions online, offering all the payment methods that are in demand by local consumers. Klarna offers our merchant customers and their shoppers more choice and added convenience, boosting the conversion rates for merchants and consequently their revenue growth.”
David Sykes, chief commercial officer at Klarna, added, “We’re really excited to extend this partnership, automatically enabling Klarna for thousands more merchants across Europe, and making Klarna available for everyone, everywhere. With their extensive reach among eCommerce merchants across Europe, Nexi is a great distribution partner for us. This partnership is a win-win for all, merchants and consumers alike.”
With payment preferences evolving towards digital and account-based transactions, Nexi and Klarna continue to enhance their offerings to meet the needs of modern consumers and businesses.
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