The integration of Klarna with Radial’s Payment platform enables clients and prospects to offer a financing option at checkout to give customers more choice and could give retailers a 58% higher order value.
Financing a purchase over time has historically been optimised for brick and mortar stores. The online equivalent, however, can often be a cumbersome process, with redirects, lengthy forms and unclear information. Klarna’s process requires a few fields of information, and lets customers know instantly if they qualify for the financing solution.
The solution is optimised for the online shopping with a particular focus on mobile commerce. Klarna launched its financing platform in the US in September 2015.
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