Radial and Klarna Partner On Financing Option at Checkout
Klarna, one of Europe’s payments providers, and Radial, an omnichannel commerce technology and operations company, announced a new partnership to further expand Radial’s payment options. The integration of Klarna with Radial’s Payment platform enables clients and prospects to offer a financing option at checkout.
Financing a purchase over time has historically been optimized for brick and mortar stores. The online equivalent, however, can often be an ordeal, with redirects, lengthy forms and unclear information. Klarna’s process only requires a few fields of information, and lets customers know instantly if they qualify for the financing solution.
By delivering a more flexible and competitive payment option over traditional methods, retailers and brands of all sizes can counteract the abandoned cart effect boosting customer retention, loyalty and sales.