Nicole Johnson-Scales’ Post

More ways to pay = more conversions! 🛍 Especially in today's climate, eCommerce customers undoubtedly value an array of payment options. And as we all know, one of the biggest players in this game is Klarna. With their revolutionary 'Pay Later' option, as well as their Pay in 3 and Financing options, customers get the ULTIMATE payment flexibility! And it's great news for merchants too! 👏 Not only has some data shown that more payment options available to customers increases conversion rates, but with Mollie, implementing and managing Klarna on your eCommerce site couldn't be simpler. It definitely gets the Ryan seal of approval! 😅 Mollie offer plug-ins for many popular eCommerce platforms. All you have to do is install their plugin, activate Klarna in your dashboard, and you can start receiving Klarna payments in just two days! While we're on the topic of Klarna, what do you think of the upcoming Klarna Card release? 😏 #klarna #BNPL #ecommerce #conversion #onlineshopping

Although I would be lying if I didn't say I am thrilled to see who is in the #1 spot, what I feel is more relevant to be talking about is how Klarna is SO MUCH MORE than BNPL. Did you know that our Pay Now product, which allows customers to pay directly from their bank account makes up 34% of our transactions?? From paying for your everyday items to those larger purchases where you may need more time to pay, we have our customers needs covered. Pay Now...or Pay Later, with Klarna:) #PayNow #paylater #commerce #Klarna #BNPL

Klarna adds subscription plan Klarna, with 37 million U.S. customers, is strategically launching a $7.99/month subscription service, aiming to diversify beyond BNPL. The move, post a successful Utah pilot, offers subscribers perks like waived service fees, doubled rewards points, and exclusive retail offers. This initiative aligns with Klarna's IPO plans, signaling an ambition to prove its ability to generate new revenue streams. The evolution mirrors industry trends, as BNPL firms like Afterpay and Affirm also explore additional revenue channels amid a shifting economic landscape. The broader insight: surviving post-pandemic, these fintech giants navigate slower growth by adapting and expanding service portfolios. #FintechEvolution #Klarna #BNPL https://lnkd.in/d_AeY2eP

Klarna will now let you pay them so you can pay them less money Dollars and sense? | Illustration by Hugo Herrera / The Verge Great news for those of you already experiencing subscription fatigue: you can subscribe to buy now, pay later (BNPL) service Klarna for $7.99 a month. At first glance, this seemed pretty fucking weird to me. I mean, the entire point of Klarna is that you can essentially do layaway without paying any kind of interest; Klarna has partnered with a wide array of retailers — from Dolce & Gabbana to 1-800-Flowers.com to Macy’s — to create this service. So what’s the consumer value in the subscription? The subtext of the announcement is, “Hey look, another revenue stream!” Well, let’s say you shop at, I dunno, Target or Kroger or Safeway. These retailers aren’t affiliated with Klarna, so if you try to use the service there, you have to pay a... Continue reading…

The highest-converting ecommerce stores all have one thing in common: they offer flexible payment options. We’re not just talking about express payment options like Apple and Google Pay. We're talking about offering buy-now-pay-later options, and, with 50% of Americans using BNPL options, merchants who overlook BNPL options might lose out on a huge number of shoppers. At Rally, we make it easy for merchants to integrate with the industry-standard BNPL options like Klarna, PayPal Pay Later and AfterPay, and now, we're adding Affirm to that list. Learn more about how to offer flexible BNPL options with the Rally + Affirm integration here https://hubs.li/Q021DX9Q0

🚨 𝗡𝗲𝘄𝘀 𝗙𝗹𝗮𝘀𝗵: Klarna is launching a monthly subscription plan in the U.S. called "Klarna Plus" to lock in its heaviest users ahead of an initial public offering this year, the company told CNBC. The product is set to be announced later Wednesday and will cost $7.99 per month, the Stockholm-based company said. Users of the subscription plan, named Klarna Plus, will get service fees waived, earn double rewards points and have access to curated discounts from partners including Nike and Instacart, according to Chief Marketing Officer David Sandstrom. Buy now, pay later services such as Klarna and Affirm have surged in popularity in recent years as more Americans rely on a new, fintech-enabled form of credit. The services typically break up a purchase into four payments. When Klarna users shop outside the firm’s network of 500,000 retailers — at places such as Walmart, Target, Amazon and Costco — they pay $1 to $2 in transaction fees. “The main proposition of Klarna Plus right now is that you don’t pay any service fees,” Sandstrom said. “So if you love Klarna and if you love shopping at Target and Walmart, it makes a ton of sense financially.” The approach is especially timely as Klarna nears an IPO that could value it at more than $15 billion, Sky News reported in November. Klarna CEO Sebastian Siemiatkowski told Bloomberg this week that a listing in the U.S., the firm’s largest market, was probably imminent. More info in the complete source article: https://lnkd.in/eybvr_TM Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ]  #fintech #klarna #buynowpaylater #bnpl #payments #paytech #digitalpayments #digitalbanking #bankingapp #financialtechnology #fintechindustry #fintechnews 

Buy Now, Pay(Pal) Later "...According to Statista Consumer Insights, PayPal with its interest-free “Pay in 4” option is the most popular BNPL provider in the U.S. right now, with 68 percent of surveyed BNPL users saying they used PayPal’s Buy Now, Pay Later option in the past 12 months. Amazon Pay Later comes second with a reach of 26.5 percent, followed closely by Afterpay, Affirm and Klarna, which were used by 25.9, 21.9 and 21.5 percent of BNPL users, respectively..." #bnpl #userstats #consumerlending #consumerfinance Sezzle Perpay Inc. Zip Co Suraya Randawa

Klarna: soon available with HiPay! 🙌 Currently being integrated by our experts, the Klarna solution will enable you to boost your business by offering several convenient payment options, which differ by country: 👉        Pay in 30 days, 👉        Pay in 3, 👉        Financing, 👉        Pay now. With notably 550,000 merchant partners and 150 million end customers, Klarna will thus meet the ever-changing needs of your market to take your payment strategy to the next level with HiPay! 🚀 Read our latest blog post for more details on this augmented payment offering for even greater flexibility.👇 #HiPay #Klarna #AugmentedPayments #Flexibility

📣 Interesting news today with Klarna announcing that they are selling their checkout business. Smart move from Klarna. It allows them to focus on their core business, while partnering with companies like Dintero to optimize the checkout flow and take care of merchant interactions. With Dintero, you as a merchant have a single integration for payments. Our platform lets you choose from some of the most preferred payment options to offer your customers, both in B2C and B2B. A/B-test with the flip of a switch and find out what works best. As simple as that. ✅

For Those Who Say Stripe Isn't Enterprise Ready...3 WAYS URBN is Transforming Their Payments Infrastructure Globally: ⬇ ⬇ ⬇ Through a new partnership, URBN is consolidating the majority of its North American payments volume - billions in annual sales - onto Stripe's platform. 1. Unified In-Store and Online Checkout Experience - Stripe Terminal for in-store payments across 600+ URBN locations - Link and Financial Connections enable seamless online bank account payments - Optimized Checkout Suite provides access to 100+ payment methods 2. Maximized Payments Performance and Reliability - API reliability exceeding 99.999% - High authorization rates even during peak demand periods - Extended authorization windows to accommodate ship-to-order model 3. Robust Revenue Operations and Analytics - Stripe Connect facilitates marketplace payments between third-party merchants and buyers on their brand marketplaces, which host independent apparel brands - Sigma and Data Pipeline tools automate revenue data collection and reporting across brands https://lnkd.in/gQKvZnG2 #retailtransformation #digitaltransformation #stripe Stripe Stripe Partner Ecosystem #Payments #UrbanOutfitters #URBN