Klarna makes all payment options available in-store

Klarna has announced that all alternative payment options including allowing shoppers to pay up to 30 days after delivery of goods and in three instalments will now be available in-store as well as online.

The announcement follows Klarna’s 2018 figures which highlighted in-store as a significant area of growth for 2019, as the majority of retail transactions in the UK still take place in-store, so Klarna is moving into physical retail to support the needs of its multi-channel clients.

Klarna’s solutions, including offering consumer finance in 6-36 month payment plans for higher-ticket items, will work with any connected smartphone. Customers can pay via their phone at the till by either scanning a QR code on the retailers’ screen or being sent an SMS or email with a payment link.

Consumers will then be able to fill out their information and select a payment method, with Klarna making a real-time approval decision, to offer a seamless payments process for merchants and consumers who choose the high street over online shopping.

Luke Griffiths, general manager at Klarna UK, said in a statement: “Shoppers today want more control over their buying experience. Our mission is to make payments as seamless and stress-free as possible. We’re now bringing more payment flexibility to the in-store environment, so shoppers can move smoothly through the purchase journey, whether they choose to shop online or on the high street.”

Klarna works with 130,000 merchants, including Asos, Topshop, H&M and JD Sports in the UK.