Online shoppers want it all – convenience, speed, and flexibility. To meet this demand, PaynoPain has teamed up with Klarna, a global fintech leader, to offer more payment options. This move is part of PaynoPain’s commitment to improving the online shopping experience.
What Klarna Brings to the Table
Klarna, founded in Stockholm in 2005, has over 93 million users and 675,000 merchants across 26 countries. Its flexible payment solutions are now available to PaynoPain’s customers. This means shoppers can choose from various payment options, including:
- Paying upfront
- Splitting payments into 3 or 4 installments
- Delaying payment for 30 days
- Financing purchases over three years
The Benefits of This Partnership
This integration offers several benefits, including more payment options for customers, which can lead to higher conversion rates and reduced cart abandonment. It also allows customers to spend more when they can split payments, resulting in increased average transaction values. The process is designed to be smooth and secure, meeting the highest security standards.
PaynoPain’s survey ‘Payment Methods: The Final Decision’ 2024 found that a third of Spanish users have used deferred payment methods at least once. Jordi Nebot, PaynoPain’s CEO and co-founder, says this new integration is part of their commitment to offering modern payment solutions that allow businesses to provide a more personalized, profitable, and consumer-aligned shopping experience.
The partnership between PaynoPain and Klarna is a step towards meeting the evolving needs of online shoppers. By offering more flexible payment options, businesses can improve the shopping experience, reduce friction, and increase sales.