Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites.
Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. For avoidance of any doubts and to make it easier, you may consider any links to external websites as sponsored links. Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

KLARNA ROLLS OUT ONLINE RETAILER FINANCING SOLUTION TO THOUSANDS OF UK MERCHANTS

Klarna, one of Europe’s leading payments providers, has announced the latest wave of partners to offer its financing solution in the UK.

Some of the world’s leading e-commerce platforms, including Shopify, Worldpay, BigCommerce, and CyberSource will now be able to make financing easily available to millions of British consumers through their network of online merchants.

This announcement follows Klarna’s launch in the UK in September with all of the Arcadia Group’s iconic brands – including Topshop and Miss Selfridge.

Financing a purchase over time has historically been optimised for brick and mortar stores. But the online equivalent can often be an ordeal, with redirects, lengthy forms and unclear information. Klarna’s process only requires a few fields of information, and lets consumers know instantly if they qualify for the financing solution.

By improving the user experience and offering consumers more flexible payment options, Klarna’s solution helps retailers and merchants of all sizes counteract the dropped basket effect, boosting retention, loyalty and sales.

Luke Griffiths, UK General Manager of Klarna, commented: “After the successful launch with fashion giant Arcadia Group, we’re excited to make this retail financing solution available to even more merchants and consumers across the UK. It not only delivers one of the most seamless solutions available today for people shopping online and on mobile, it also offers instant access to financing without redirecting customers away from the online store.”