Let your customers pay with Klarna
Klarna is an eCommerce payment solutions platform for merchants and shoppers. The company's core service is to manage payments for online retailers and provide customers with an easy and convenient way to shop. Klarna is also known for its “buy now, pay later” model that offers shoppers interest-free financing on retail purchases over a period of installments
Klarna has been operational since 2005 and is headquartered in Stockholm, Sweden. As of June 2019, Klarna had 24 million active customers and was available in 17 countries.
Payment methods is one of the key factors that affect conversion on an eCommerce website. Customers who do not find their preferred payment method at checkout are likely to abandon their carts. Therefore, offering a variety of payment methods can help to increase conversion and reduce cart abandonment rate.
Klarna is used by multi-brand eCommerce businesses such as Garten & Freizeit.