Klarna has expanded its partnership with Worldpay, allowing thousands of merchants worldwide to offer Klarna as a standard payment method alongside traditional options.
The collaboration is set to position Klarna within Worldpay’s extensive merchant network, aligning with consumer demand for flexible payment options.
Klarna will be available as a default, enabling Worldpay merchants to offer customers choices like immediate payments, interest-free BNPL as well as longer-term financing, supporting a range of spending preferences.
David Sykes, chief commercial officer at Klarna, said: “We want Klarna at every checkout, available everywhere, for everything, all the time. This expanded partnership is a massive leap towards that goal, making Klarna the default payment method for hundreds of thousands of retailers.”
In its annual Global Payments Report, Worldpay predicts that digital wallets like Klarna will grow at 15 per cent a year between 2023 to 2027. While Klarna is well-known for its interest-free BNPL offer, a third of the transactions it processes are also immediate payments by card or direct account-to-account.
Pete Wickes, general manager EMEA at Worldpay, also added: “Worldpay’s first of its kind collaboration with Klarna underscores our commitment to providing merchants with impactful innovation at scale to create the best payments experiences. Klarna is at the cutting edge when it comes to delivering new ways to pay.
“Our expanded relationship will support Klarna’s transformation into a network of choice for global merchants looking to improve the consumer experience and reach their potential in a competitive digital landscape.”
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