BNPL firm Klarna has expanded its alliance with WooCommerce, the ecommerce platform built on WordPress, with the integration of Klarna as a default payment option for merchants using WooPayments.
This is said to position Klarna as a primary payment network choice along with traditional card payments for WooPayment global merchant base.
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WooCommerce powers over four million online shops worldwide.
This move will support Klarna’s transition from an ‘alternative’ option to a retailer’s default choice.
Approximately 30% of the payments processed by Klarna globally are immediate payments with a diverse range of consumer payment behaviours.
The company’s payment options cater to various consumer preferences, offering immediate payments, short-term, interest-free Buy Now, Pay Later (BNPL) plans, and longer-term financing solutions.
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By GlobalData
Klarna chief commercial officer David Sykes said: “Our goal is to have Klarna at every checkout, everywhere, for every need, at any time. This expanded partnership takes us closer to that vision, establishing Klarna as the go-to payment option for tens of thousands of retailers globally.”
Woo payments head stated: “Offering flexible payments acceptance has become such an important tool for merchants to increase cart values and drive sales. We’re thrilled to partner more deeply with Klarna to give store owners easy access to buy now, pay later and other purchase financing options for their customers.”
Earlier this month, Apple Pay users in Canada secured access to Klarna’s payment offering.
This service is available for applications running on iOS 18 and iPadOS 18 or later versions.
