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: Help yourself!: Are self-checkouts the next big thing in retail?...
14.06.2023   #brick and mortar retail #self-checkout systems

"Help yourself!": Are self-checkouts the next big thing in retail?

Efficient everyday business, efficient shopping

In the face of the digital age (and the rush just after the end of the workday or the day right before a holiday), retailers are looking for innovative technologies to continuously improve shopping experiences. Self-service checkouts (SCOs) allow ...

Thumbnail-Photo: Senior Business Development Manager for ITL celebrates 20 year milestone...
01.08.2023   #Tech in Retail #cash management

Senior Business Development Manager for ITL celebrates 20 year milestone

Christian Czeskleba marks 20 years with the cash handling and biometrics solutions provider

Christian Czeskleba, Senior Business Development Manager (BDM) for Innovative Technology, marks 20 years with the cash handling and biometrics solutions provider this month. Based in ITL’s German office in Hamburg, Christian has seen the ...

Thumbnail-Photo: Nike launches Airphoria in Fortnite
26.06.2023   #digitization #omnichannel

Nike launches Airphoria in Fortnite

Access open from June 20 at 12 pm ET through June 27 at 8 pm ET

Nike is launching “Airphoria” in Fortnite, a first-of-its-kind gaming experience. Building on a multiyear partnership with Epic Games, Airphoria brings to life the future of sport experiences at the intersection of games and culture, ...

Thumbnail-Photo: Toshiba opens new Retail Operations Center in Europe...
03.08.2023   #e-commerce #retail

Toshiba opens new Retail Operations Center in Europe

Facility equipped with innovative technology and a powerful inventory management system

Toshiba Global Commerce Solutions has opened a state-of-the-art Retail Operations Center in Almere, Netherlands. The strategic move will enhance operational efficiency and provide superior service to the company's valued customers and partners ...

Thumbnail-Photo: Iberian Sports Retail adopts Hii Retail native cloud platform...
19.06.2023   #e-commerce #retail

Iberian Sports Retail adopts Hii Retail native cloud platform

The Iberian Sports Retail Group adopts the Hii Retail native cloud platform in over 350 stores across three countries – “It enables us to scale up”

The multichannel leader in sports equipment sales in the Iberian Peninsula, Iberian Sports Retail Group (ISRG), has partnered with Extenda Retail to replace their Checkout applications. Extenda Retail’s next-generation cloud-native checkout ...

Thumbnail-Photo: Enhance inventory management and loss prevention – with Zebra...
12.06.2023   #e-commerce #brick and mortar retail

Enhance inventory management and loss prevention – with Zebra SmartCount solution

Now available in DACH, this accurate, easy-to-use solution provides time and cost savings and better inventory management

Zebra Technologies Corporation (NASDAQ: ZBRA), a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, will present Zebra SmartCount™,  a proven, comprehensive solution now ...

Thumbnail-Photo: German drinks retailer utilising facial analysis for automatic age checks...
28.07.2023   #brick and mortar retail #Tech in Retail

German drinks retailer utilising facial analysis for automatic age checks

Stand-alone solution MyCheckr for age verification by using cameras

A German liquor store franchisee operating in Pinneberg and Tornesch near Hamburg, has installed Innovative Technology's age verification technology. Innovative Technology (ITL), a provider of AI-powered biometric solutions, works with several ...

Thumbnail-Photo: Toshiba launches powerful and compact TCx® 900 point-of-sale system...
22.08.2023   #brick and mortar retail #epos systems

Toshiba launches powerful and compact TCx® 900 point-of-sale system

POS system TCx 900 is designed for retail requirements and equipped with 13th generation Intel Core processors

The TCx® 900 is the newest point-of-sale (POS) system from global retail technology leader Toshiba Global Commerce Solutions. It provides advanced technology offerings through a powerful modular system in a compact design built to last and ...

Thumbnail-Photo: With chatbots on the winning side?
02.08.2023   #online trading #e-commerce

With chatbots on the winning side?

How Google wants to promote productivity and creativity with Bard

Chatbots and other AI tools have been the talk of the town since the release of ChatGPT last year. In many industries, discussions are being held about the quality, reliability and actual usefulness of the programmes. With Bard, Google has thrown ...

Thumbnail-Photo: If you use A for Amazon, you have to adapt B – accounting...
30.05.2023   #online trading #e-commerce

If you use A for Amazon, you have to adapt B – accounting

Accounting software for Amazon retailers – is it necessary?

More and more customers are shopping online, so more and more retailers are offering their goods on e-commerce platforms - above all Amazon. Because the global mail order company promises an enormous range and simple sales. However, bookkeeping ...

Supplier

Zebra Technologies Germany GmbH
Zebra Technologies Germany GmbH
Franz-Rennefeld-Weg 2-6
40472 Düsseldorf
Innovative Technology Ltd.
Innovative Technology Ltd.
Innovative Business Park
OL1 4EQ Oldham
Reflexis Systems GmbH
Reflexis Systems GmbH
Kokkolastr. 5-7
40882 Ratingen