As shoppers plan their spending before the festive period, Viva Wallet forges a partnership with Klarna to facilitate a greater number of consumers.
European cloud-based neobank Viva Wallet plans to expand its existing line-up of payment options. Klarna, the ‘buy now pay later’ (BNPL) payments provider, becomes the newest addition to these payment options. Viva Wallet is to add Klarna’s BNPL option across both its online and in-store payment platforms.
Thousands of merchants across Europe are to bolster payment options with this latest addition. The partnership ensures that merchants can provide shoppers with more flexible payment alternatives. This option supports both merchants, who can reach a greater number of customers, and consumers, who can now shop at a far greater number of merchants if they require more flexible terms of payment.
Klarna itself currently boasts around 150 million global active users alongside two million transactions per day. The ‘Pay with Klarna’ option on Viva Wallet payment platforms is to be first rolled out in selected European markets.
Offering alternative payment methods
Klarna’s payment options have been added to Viva Wallet’s current collection of over 30 payment options. The options include major international payment providers as well as local payment schemes in different areas.
The ‘Pay with Klarna’ option is supported by a Viva Wallet POS app, turning Android mobile devices into card terminals. A smart checkout payment gateway is also offered to e-shops. Klarna explains that it is “allowing consumers to pay when and how they prefer to”.
Alexandros Pappas, eCommerce director at Viva Wallet, explained Viva’s aims following the partnership. He said: “At Viva Wallet, we feel we share the same vision with Klarna; to make payments simple and frictionless. We are excited to add such a forward thinker and leading global player in the payments industry to our ever-growing list of partners.
“Together, we are improving the shopping experience to fit the needs of the modern consumer, whilst making the integration process as accessible and simple as possible for the merchants that wish to capitalise on this global payments trend.”
Klarna’s payment options include ‘Pay in 3’, ‘Pay in 30 Days’, ‘Pay Now’ and financing to pay over anywhere between three and 36 months.