Swedish buy now, pay later (BNPL) firm Klarna and cross-border eCommerce platform Global-e on Tuesday (Aug. 31) announced that their global partnership includes flexible payment options across the U.S., U.K., France, Spain, Italy and Australia.
Klarna’s BNPL options will now be available to all merchants selling on Global-e’s cross-border eCommerce platform.
“We’re seeing consumers globally demanding more choice and flexibility when shopping online, and our payment options are proven to provide that flexibility and assist merchants in driving customer acquisition and conversion,” said Luke Griffiths, chief commercial officer at Klarna, in the joint announcement. “Our continued partnership with Global-e enables international retailers to offer their customers across the U.S., U.K., France, Spain, Italy and Australia alternative payment solutions while providing them with greater payment flexibility,” he said.
“Klarna’s buy now, pay later solutions are proving popular as online shoppers seek additional flexibility and the convenience to pay in whatever way suits their needs,” said Shahar Tamari, co-founder and COO at Global-e. “Our partnership with Klarna further fuels our commitment to enable merchants to seamlessly expand their brand globally by offering customers worldwide a top-notch localized experience from the moment they start engaging with retailers’ online channels right up to checkout.”
Global-e’s eCommerce platform includes local pricing in more than 100 currencies, local messaging, checkout in more than 25 languages, multiple shipping options and a transparent returns process.
Global-e and Klarna first partnered in 2017 across the Netherlands, Denmark, Norway, Sweden, Finland, Germany, Belgium and Austria.
Related news: Klarna’s GMV Grows by $8B Amid Rising App Installations
Earlier this month, Klarna announced that it had doubled its customer base in the U.S. since June of 2020, with 20 million people using its service, largely because of the Klarna app, which has four million active American users. Klarna said that installations for the app were up 115 percent year over year.
Klarna partnered with Macy’s earlier this year to offer its interest-free Pay in 4 solution in-store and online across all Macy’s, Inc. retail brands. The company is mulling an initial public offering (IPO) as early as next year, but has not said whether it will offer new stock in its listing.
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About: In spite of their price volatility and regulatory uncertainty, new PYMNTS research shows that 58 percent of multinational firms are already using at least one form of cryptocurrency — especially when moving funds across borders. The new Cryptocurrency, Blockchain and Global Business survey, a PYMNTS and Circle collaboration, polls 500 executives looks at the potential and the pitfalls facing crypto as it moves into the financial mainstream.
Swedish purchase now, pay later (BNPL) agency Klarna and cross-border eCommerce platform World-e on Tuesday (Aug. 31) introduced that their international partnership contains versatile cost choices throughout the U.S., U.Ok., France, Spain, Italy and Australia.
Klarna’s BNPL choices will now be obtainable to all retailers promoting on World-e’s cross-border eCommerce platform.
“We’re seeing customers globally demanding extra alternative and suppleness when procuring on-line, and our cost choices are confirmed to supply that flexibility and help retailers in driving buyer acquisition and conversion,” mentioned Luke Griffiths, chief industrial officer at Klarna, within the joint announcement. “Our continued partnership with World-e permits worldwide retailers to supply their prospects throughout the U.S., U.Ok., France, Spain, Italy and Australia various cost options whereas offering them with higher cost flexibility,” he mentioned.
“Klarna’s purchase now, pay later options are proving common as internet buyers search extra flexibility and the comfort to pay in no matter method fits their wants,” mentioned Shahar Tamari, co-founder and COO at World-e. “Our partnership with Klarna additional fuels our dedication to allow retailers to seamlessly increase their model globally by providing prospects worldwide a top-notch localized expertise from the second they begin partaking with retailers’ on-line channels proper as much as checkout.”
World-e’s eCommerce platform contains native pricing in additional than 100 currencies, native messaging, checkout in additional than 25 languages, a number of transport choices and a clear returns course of.
World-e and Klarna first partnered in 2017 throughout the Netherlands, Denmark, Norway, Sweden, Finland, Germany, Belgium and Austria.
Associated information: Klarna’s GMV Grows by $8B Amid Rising App Installations
Earlier this month, Klarna introduced that it had doubled its buyer base within the U.S. since June of 2020, with 20 million individuals utilizing its service, largely due to the Klarna app, which has 4 million energetic American customers. Klarna mentioned that installations for the app have been up 115 p.c 12 months over 12 months.
Klarna partnered with Macy’s earlier this 12 months to supply its interest-free Pay in 4 resolution in-store and on-line throughout all Macy’s, Inc. retail manufacturers. The corporate is mulling an preliminary public providing (IPO) as early as subsequent 12 months, however has not mentioned whether or not it’s going to supply new inventory in its itemizing.
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NEW PYMNTS DATA: 58 PERCENT OF MULTINATIONAL FIRMS ARE USING CRYPTOCURRENCY
About: Despite their worth volatility and regulatory uncertainty, new PYMNTS analysis reveals that 58 p.c of multinational corporations are already utilizing a minimum of one type of cryptocurrency — particularly when shifting funds throughout borders. The brand new Cryptocurrency, Blockchain and World Enterprise survey, a PYMNTS and Circle collaboration, polls 500 executives appears on the potential and the pitfalls going through crypto because it strikes into the monetary mainstream.
