The Buy Now Pay Later Boom: Spotlight on Klarna

In the first blog post of our new series on “Buy Now Pay Later” (BNPL), we looked at the phenomenal growth of this payment method and the value it can deliver to merchants. With such strong appeal to digital natives, eCommerce merchants can little afford to ignore the potential sales uplift of BNPL.

Of course, there are a range of providers available, and it makes no sense to integrate every single one, so merchants need to understand the nuances of each before choosing which to offer.

In the next few blog posts, we’ll explore some of the leading providers of BNPL services. With credit card usage forecast to decline over the next three years by 31 percent, and BNPL usage expected to increase by 39 percent, it’s essential to identify which provider is the best fit.

We’ll start with one of the first big successes in the BNPL space: Klarna.

Read the full article here: https://www.aciworldwide.com/blog/the-buy-now-pay-later-boom-spotlight-on-klarna