back Back

Klarna partners with Ingenico on in-store BNPL

By Gloria Methri

January 18, 2023

  • BNPL
  • Europe
  • FinTechs
Share

Klarna, BNPL, Payment Solutions, In-store Payments, Ingenico, payments acceptance solution, FinTechsKlarna has partnered with payments terminal firm Ingenico to expand its buy now, pay later service at in-store checkout. The partnership will facilitate the roll out of Klarna’s flexible payment options at the point of sale using PPaaS, Ingenico’s innovative, cloud Payments Platform-as-a-Service.

PPaaS enables its clients such as banks and merchant acquirers to select from a catalogue of payments and value-added services without the need for software development or deployment across a variety of terminal brands.

As a specialist in in-store payments acceptance solution, Ingenico is a technology partner for 1,000+ banks, acquirers, ISVs, payment aggregators and FinTechs and has some 40 million POS terminals in service around the world.

As Ingenico’s customers deploy PPaaS across their estates, Klarna will leverage this deployment to extend the ability of consumers to use Klarna’s interest-free alternative payment solutions at a variety of physical retail locations.

Kristina Elkhazin, Head of North America at Klarna said, “We see Ingenico’s PPaaS as a significant accelerator that will allow us to bring Klarna’s innovative payment solutions wherever customers want to shop, including on the shop floor. We are excited to bring retailers the confidence they have come to expect in payments that are processed on their existing infrastructure as well as the necessary integrations with other parts of their retail technology.”

Giulio Montemagno, General Manager of PPaaS for Ingenico added, “The flexibility, ease, and speed of online shopping experiences is now transforming how consumers expect to shop in-store. How people pay is very much at the center of this transformation. Klarna has been an industry innovator in extending payment options to consumers online, and now it’s doing that in-store. This brings value to consumers and retailers alike, and we look forward to enabling Klarna payment options at the point of sale for clients in our different markets.”

Previous Article

January 18, 2023

KFintech drives Digital Transformation with Amazon Web Series

Read More
Next Article

January 18, 2023

Dock launches Dock One for integrated banking and payments solutions

Read More








IBSi Daily News Analysis

cybersecurity

April 18, 2024

BNPL

GCC banks bolster Cybersecurity measures to combat email fraud

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 19, 2024

Cashflows partners with National Association of Funeral Directors

Read More

April 19, 2024

Ant International set to create digital business centre in Malaysia

Read More

April 19, 2024

Opn appoints Vaden Landers as President and CEO of MerchantE

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023