ekmPowershop Partners with Klarna Payments

UK ecommerce platform ekmPowershop has partnered with Swedish payments company Klarna to provide an integrated store and payments solution.

From today, all new EKM merchants will be offered a closely integrated payment solution powered by Klarna.

Luke Griffiths, UK Managing Director at Klarna, said, "Klarna and EKM have created a brand new solution, which will make it extremely simple for UK retailers to get online and compete with the giants of retail, which has been impossible up until now. Retailers will get a complete e-store just by going through one simple signup process. For a retailer, this is as close to instant selling as you will get."

Klarna payment methods include credit cards, an interest-free pay after delivery option, or a one-click mobile checkout. The pay after delivery option allows customers to complete purchases without having to enter card details or remember passwords. Klarna's risk algorithm analyses the purchase and Klarna immediately pays the merchant.

EKM is the UK's largest hosted ecommerce provider, being behind 1 in 5 British online stores. Klarna is an innovative Swedish payments startup that processed £6 billion in payments last year.

Source: Finextra

Tagged: Payments
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