Ingenico, a global leader in payments acceptance solutions, and Klarna, the global leader in the generational shift away from credit cards, today announced a global strategic partnership that will facilitate the roll out of Klarna’s flexible payment options at the point of sale using PPaaS, Ingenico’s innovative, cloud Payments Platform as a Service.
In-store shopping remains the primary channel for consumers, and by 2025 in-store sales are expected to continue to account for almost three-quarters of total retail spending worldwide. Yet rolling out new solutions to in-store payment devices has traditionally been complex and expensive, hindering innovation and slowing down the deployment of new services. PPaaS enables its clients such as banks and merchant acquirers to select from a catalogue of payments and value-added services without the need for lengthy and expensive software development and avoids the complexity associated with deployment across a variety of terminal brands.
As the global leader in payments acceptance solutions in store, Ingenico is a trusted technology partner for 1,000+ banks, acquirers, ISVs, payment aggregators and fintechs and has some 40 million POS terminals in service around the world, serving retailers ranging from small merchants to some of the best-known global brands. As Ingenico’s customers progressively deploy PPaaS across their estates, Klarna will leverage this deployment to extend the ability of consumers to use Klarna’s interest-free alternative payment solutions at a variety of physical retail locations.
Since 2005 Klarna has been on a mission to revolutionize the retail banking industry. With over 150 million global active users and 2 million transactions per day, Klarna is meeting the changing demands of consumers by saving them time and money while helping them be informed and in control. Over 450,000 global retail partners, including H&M, Saks, Sephora, Macys, IKEA, Expedia Group, and Nike have integrated Klarna's innovative technology to deliver a seamless shopping experience online and in-store. Klarna has over 6,000 employees and is active in 45 markets. For more information, visit Klarna.com
 Estimated value of the in-store and e-commerce retail sales worldwide from 2021 and 2025.
Ingenico is the global leader in payments acceptance solutions. As the trusted technology partner for merchants, banks, acquirers, ISVs, payment aggregators and fintech customers our world-class terminals, solutions and services enable the global ecosystem of payments acceptance. With 45 years of experience, innovation is integral to Ingenico’s approach and culture, inspiring our large and diverse community of experts who anticipate and help shape the evolution of commerce worldwide. At Ingenico, trust and sustainability are at the heart of everything we do.