News

Klarna integrates with FreedomPay

The FreedomPay and Klarna partnership is kicking off in the US with plans to expand globally in the coming months

Klarna

Klarna integrates with FreedomPay. Source: klarna.com

Klarna has announced integration with FreedomPay, a consumer-centric commerce platform.

From now on, FreedomPay’s US merchants can offer Klarna’s flexible, interest-free payment solutions at checkout in-store. That allows to maximize sales and bringing added ease and convenience to shoppers across America ahead of the most anticipated shopping season yet.

In today’s retail environment, and as shoppers head in-store, point of sale is much more than a transaction—it’s a critical piece of the consumer shopping experience. Together, Klarna and FreedomPay are enabling retailers to create this next-level in-store shopping experience by bringing even greater variety, flexibility and functionality to payments and checkout options—just in time for the holidays
Chris Kronenthal, President, FreedomPay

Consumers have grown accustomed to the convenience and ease of the online experience, and expect the same in-store. Shoppers also overwhelmingly prefer having a choice of payment options at checkout. Klarna’s recent 2021 Reopening Report confirmed that nearly three out of four (74%) shoppers now seek out flexible payment options when shopping in-store and online.

According to the press release, Klarna’s payment options are the latest addition to FreedomPay’s Commerce platform, which offers many robust solutions for retailers across payments, security, identity, and data analytics that are available in-store, online and on mobile.

Upon implementing the new Klarna and FreedomPay solution, shoppers can check out with Klarna simply by downloading the Klarna app and performing a one-time registration to generate their unique in-store QR code.

The payment can then be made with a simple scan by a store associate, for secure and contactless payment.

We’ve reported that PayPal announced an all-in-one personalized app.

SEE ALSO:

Pay Space

6735 Posts 0 Comments

Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.