Klarna expands payment reach in Europe with Nexi partnership

By Gloria Methri

European PayTech Nexi and Klarna have expanded their collaboration into a global partnership, enhancing payment flexibility for merchants across Europe.

Through this partnership, Nexi’s merchant customers will seamlessly integrate Klarna’s payment options, improving the shopping experience and driving revenue growth. Klarna will be automatically enabled as a default payment method in Nexi’s checkout system, offering shoppers greater convenience. Following a successful pilot in the Nordics—where Nexi merchants saw increased conversion rates—the partnership now extends to key European markets, including Poland and Italy.

Roberto Catanzaro, Head of Merchant Services in Nexi Group, said on the development, “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, Klarna’s Chief Commercial Officer, added, “We are 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.”

Nexi specialises in localised payments on a European scale, offering seamless payment solutions to hundreds of banks, millions of merchants and hundreds of millions of consumers. In May 2024, Nets, part of Nexi Group, entered a partnership to offer Klarna’s payment methods to Nets’ Nordic merchant customers. Klarna’s flexible payment options were integrated into Nets’ checkout for eCommerce merchants in Sweden, Norway, and Denmark.

With local preferences, especially in online commerce, evolving to account-to-account, mobile wallets, and traditional payment cards, Klarna and Nexi continue to offer highly secure and convenient ways to enable commerce.