Worldline and Klarna expand payment offering across Europe

Klarna, the leading global payments and shopping service, announced a strategic collaboration with Ingenico (part of Worldline, the European leader in the payment and transactional services industry, since late 2020) to make Klarna’s online payment solutions accessible to even more European merchants. 

The expansion builds on an initial successful rollout in the Nordics, Germany, Austria and Switzerland. Now merchants across Belgium, the Netherlands and the United Kingdom will also have the ability to implement Klarna’s seamless checkout experience and full payment suite (product availability varies per market).

Klarna’s payment solutions allow merchants to offer their consumers more flexibility, transparency and convenience when shopping online. Through the partnership, Worldline and Klarna will be complementing each other’s services, while expanding Klarna’s potential merchant base and global consumer brand.

“By including Klarna into the Worldline payment platform, we pursue our mission to support merchants on way to efficient growth. Several studies indicate that almost half of the customers abandon their purchase if their preferred payment method is not accepted. Offering a broader choice of popular payment methods helps the merchants increase their conversion rates,” highlights Frederic Loos, CMO, Merchant Services at Worldline.

“We are excited to partner with Worldline and become a true growth partner for their merchants. The last year has seen unprecedented change in retail with e-commerce becoming the increasingly dominant engagement channel for merchants across markets. Together with Worldline, we help merchants to adapt to that change and offer a better online shopping experience for consumers. Klarna’s payment solutions enable merchants to meet changing consumer demands, while ultimately unlocking growth, and driving customer satisfaction and loyalty,” says Alex Marsh, Head of Klarna UK.

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Klarna’s offering to consumers and retailers includes payments, social shopping and personal finances.

Klarna is the most highly valued private fintech in Europe and the fourth highest globally, with a valuation of $10.65 billion. The company was founded in 2005, has over 200,000 retail partners, above 3,500 employees and is active in 17 countries.

Worldline is the European leader in the payments and transactional services industry and #4 player worldwide. In 2019 Worldline generated a proforma revenue of 5.3 billion euros.