Ingenico, the payments acceptance solutions provider, has inked a deal with Swedish buy now, pay later (BNPL) firm Klarna.
Klarna will utilise Ingenico’s cloud payments platform as a service tool to introduce its payment solutions as point-of-sale (POS) terminals.
Ingenico’s PPaaS system has been designed to allow its customers, including banks and merchant acquirers, to choose from a list of payments and value-added services, eliminating the need for additional software.
“Digital commerce has made online shopping a daily habit for millions of consumers around the world,” Ingenico general manager of PPaaS Giulio Montemagno said.
“The flexibility, ease, and speed of online shopping experiences is now transforming how consumers expect to shop in-store. How people pay is very much at the centre of this transformation.
“Klarna has been an industry innovator in extending payment options to consumers online, and now it’s doing that in-store.
“This brings value to consumers and retailers alike, and we look forward to enabling Klarna payment options at the point of sale for clients in our different markets.”
Ingenico serves as a technology partner for over 1,000 banks, acquirers, payment aggregators, fintechs and others.
The firm also has association with around 40 million POS terminals worldwide.
