News • 23.12.2020

Klarna starts cooperation with Verifone

The idea: a shopping experience in stores that is unique worldwide

Klarna and Verifone logos on pink background
Source: klarna.com

Klarna, the leading global payments and shopping service, announces a strategic partnership with Verifone, a global leader in payments and commerce solutions, that will make Klarna available as the first-ever buy now pay later solution to millions of Verifone devices in the US and Europe. 

The integration to Verifone’s Cloud Services platform empowers consumers to leverage Klarna’s payment suite including ‘Interest-free payments’, ‘Pay later in 30 days’ with no interest and ‘Financing’ in store. Together, Klarna and Verifone enable retailers to create a personalized and smoother experience for their customers, ultimately unlocking growth, boosting conversion rates and driving customer satisfaction and loyalty.

The ongoing pandemic has impacted shopping behaviors worldwide and the use of contactless payments in stores has increased rapidly according to a recent McKinsey report as consumers aim to avoid physical contact in order to stay healthy. Using Klarna in store is easy for consumers and they can complete their purchases securely in a few simple steps on their smartphones: At checkout, the consumer will select Klarna as the payment option on the screen of the Verifone device, scan a QR code, and then verify their ID. 

Luke Griffiths, Chief Commercial Officer of Klarna: “The last few months have seen unprecedented challenges for physical retail. We truly believe that there is a role for the physical store within the future retail brand experience, and now more than ever consumers desire flexibility, transparency and a more convenient payment experience. We are excited to partner with Verifone as one of the largest and most impactful players in the in store space, and also being the first buy now, pay later provider on millions of devices. Together we will support retailers globally in creating a superior and more seamless shopping experience for consumers in store.”

Jeremy Belostock, Head of Alternative Payments, Verifone: “Enabling alternative payment methods in store is truly exciting, and it’s only possible in such a seamless manner through the Verifone Cloud Services platform we’ve created over the past few years. Klarna is particularly interesting and unique in that merchants will have access to new, larger revenue opportunities through its flexible payment options, and Klarna comes with simple settlement functionality for the merchant. We’ve removed the complexity for merchants. Retailers of all sizes have seen massive success with Klarna online, and with Verifone, they’ll see the same success in store.” 

Source: Klarna

related articles:

popular articles:

Thumbnail-Photo: SAM4S introduces you the brand new products in 2022...
05.01.2022   #cashpoints #Tech in Retail

SAM4S introduces you the brand new products in 2022

Introducing game changing CPU, ELKHART Lake J6412 and providing versatile KIOSKs lineup for your successful biz

SAM4S are going to launch New CPU based on mainboard 7th generation Elkhart Lake J6412 for PC POS lineup. It shows 2.5 times higher in benchmark score comparing to 4th generation Baytrail J1900 CPU. We will apply this powerful CPU to our current ...

Thumbnail-Photo: Walmart launches Zeekit virtual fitting room technology...
10.03.2022   #Tech in Retail #app

Walmart launches Zeekit virtual fitting room technology

Introduction of new and innovative shopping experience that makes it easier to shop for clothes online

Over the past few years, Walmart has been successfully established as a destination for fashion, with an unrelenting focus on expanding the assortment of quality, on-trend and accessible apparel and accessories. Walmart has equally prioritized the ...

Thumbnail-Photo: Payment market and retail: The trends for 2022...
07.01.2022   #mobile payment #sustainability

Payment market and retail: The trends for 2022

Secure, personalized, convenient – How will e-payment develop in the near future?

Over the past two years, consumer shopping habits have changed significantly – especially in Germany and Europe – and with them the structural orientation of retailers and companies. Convenient online shopping and digital payment methods ...

Thumbnail-Photo: Aldi opens checkout-free concept store for public testing...
25.01.2022   #mobile payment #Tech in Retail

Aldi opens checkout-free concept store for public testing

Aldi, the UK’s fifth largest supermarket, has opened its first checkout-free store in London

The Aldi Shop&Go concept store in Greenwich opened last week for public testing, having been tested by Aldi colleagues in recent months.The new trial store, which is situated on Greenwich High Street, allows customers to complete their shop ...

Thumbnail-Photo: Omnichannel strategies in the opticians industry: Dirk Graber from...
31.03.2022   #online trading #e-commerce

Omnichannel strategies in the opticians' industry: Dirk Graber from Mister Spex

AI, AR and online tools in the eyewear trade: statements from eyes + more, Fielmann, Mister Spex, pro optik and Rottler

Offline or online? Contrasting these two concepts as opposites is outdated; the physical and digital worlds mix and complement each other – especially in retail. We took a look at the optical industry as an example of this.In a series of ...

Thumbnail-Photo: Ensuring freshness in food retail from farm to plate...
01.04.2022   #Tech in Retail #software applications

Ensuring freshness in food retail from farm to plate

Kroger and NVIDIA partner with AI-enabled applications and services

The Kroger Co and NVIDIA announced a strategic collaboration to reimagine the shopping experience using AI-enabled applications and services.Kroger, USA’s largest grocer, and NVIDIA will build a state-of-art AI lab and demonstration center to ...

Thumbnail-Photo: How will consumers buy eyewear in the future?...
15.03.2022   #online trading #e-commerce

How will consumers buy eyewear in the future?

Measured and focused: online, offline or omnichannel at the optician

The "onlineization" stops at nothing, not even at the eyewear trade. Online purchases of eyeglass frames, sunglasses or contact lenses are widespread. But what about topics such as virtual eyeglass fitting or measuring visual acuity from ...

Thumbnail-Photo: More convenience and control at the checkout...
31.03.2022   #brick and mortar retail #mobile payment

More convenience and control at the checkout

With flexible self-service solutions from Toshiba, today as well as tomorrow customers have a choice when paying

The demands on retailers can change quickly. The last two years have shown that government regulations as well as customer expectations have made it necessary to constantly rethink and adapt store operations. ...

Thumbnail-Photo: AI Counter tech: future of unmanned retail stores and ability to scan...
08.01.2022   #Tech in Retail #data analysis

AI Counter tech: future of unmanned retail stores and ability to scan objects

INFINIQ reveals next-generation retail tech at CES 2022

INFINIQ, an artificial intelligence (AI) and autonomous driving data service company, unveiled its autonomous driving and retail innovation technology at CES 2022 from Jan. 5-7, 2022 in Las Vegas.INFINIQ presents a self-checkout solution and CES ...

Thumbnail-Photo: Store Management: Smarter with Smartphone!
14.03.2022   #digitization #mobile data capture

Store Management: Smarter with Smartphone!

EuroCIS from 31 May to 02 June 2022 in Düsseldorf

More and more retail companies are equipping their store personnel with mobile devices. The trend towards smartphones or smart mobile devices that function almost like smartphones will also be impressively reflected at EuroCIS, The Leading Trade ...

Supplier

Reflexis Systems GmbH
Reflexis Systems GmbH
Kokkolastr. 5-7
40882 Ratingen
Citizen Systems Europe GmbH
Citizen Systems Europe GmbH
Otto-Hirsch-Brücken 17
70329 Stuttgart
Shin Heung Precision Co., Ltd. SAM4S
Flat C-911, Woorim Lion's Valley 168, Gasan Digital 1-Ro, Geumcheon-gu
08507 Seoul
shopreme gmbh
Brückenkopfgasse 1
8020 Graz
Captana GmbH
Captana GmbH
Bundesstraße 16
77955 Ettenheim
SALTO Systems GmbH
SALTO Systems GmbH
Schwelmer Str. 245
42389 Wuppertal
iXtenso - retail trends
iXtenso - retail trends
Celsiusstraße 43
53125 Bonn
GLORY Global Solutions (Germany) GmbH
GLORY Global Solutions (Germany) GmbH
Thomas-Edison-Platz 1
63263 Neu-Isenburg
SES-imagotag SA
SES-imagotag SA
55 place Nelson Mandela
90000 Nanterre