
Partnership expansion details
The buy-now-pay-later provider has deepened its partnership with Dutch payment service provider Mollie, extending checkout and account features to more than 350,000 merchants across Europe.
Under the expanded agreement, Mollie's merchant base will gain access to improved dispute management tools and consumer foreign exchange capabilities through their existing integrations.
The new functionality is rolling out across all Mollie channels, including its direct API, hosted checkout pages, and platform partner plug-in ecosystem.
Merchant benefits
Retailers already processing Klarna transactions through Mollie will automatically receive the enhanced capabilities without requiring additional technical work.
Merchants adopting the service for the first time can activate multiple payment options within minutes, including:
- Pay in Full
- Pay in 3 interest-free instalments
- Financing options at checkout
The expanded cooperation extends Klarna's reach across the European Economic Area, leveraging Mollie's regional infrastructure and its recent acquisition of GoCardless.
Simplified market access
Klarna president and chief commercial officer David Sykes said the partnership model prioritises simplicity and scalability.
This deepened agreement with Mollie opens up Klarna to merchants across Europe in a whole new way. We built this partnership model to make deals like this simple and scalable: one integration, one agreement, global reach from day one. Mollie's merchants across Europe will now have the same seamless access to Klarna as if they'd integrated with us directly.
Mollie chief product officer Rogier Schoute emphasised the frictionless nature of the expansion for existing clients.
Instant market reach
Our goal has always been to make payments effortless. By expanding our partnership with Klarna, our merchants can instantly unlock 26 markets through the integration they already use,
Schoute told Electronic Payments International.
No extra development or new contracts. It gives growing businesses the scale and checkout experience of an enterprise player, without the engineering overhead.
The arrangement allows merchants to access 26 markets through a single existing integration, eliminating the need for separate development cycles or additional contractual agreements.
Source
Original coverage by Electronic Payments International.
Use the button below to read the article on the publisher website.
Read on Electronic Payments InternationalRelated to this article