GlobalData
Thu, Apr 17, 2025, 8:01 AM 2 min read
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Clover, point-of-sale system owned by Fiserv, has partnered with buy now, pay later (BNPL) service provider Klarna to auto-enable the latter’s payment options in the US, with an initial target of over 100,000 merchant locations.
The Clover Klarna in-store partnership will allow shoppers to select Klarna as a payment method on Clover devices for their in-store purchases.
This agreement is part of Klarna's initiative to extend its payment services to the physical retail environment, facilitating payments for customers both online and at local shops and service providers.
Klarna's suite includes immediate debit payments and interest-free instalment payment options, which could help businesses attract more customers and increase sales.
Clover offers a solution for small businesses to manage payments and daily operations.
The system includes hardware and software that support a range of functions, including online orders, accounting, loyalty programmes, staff management, and inventory.
In-store shoppers at certain Clover-powered merchants will see the Klarna logo on the payment device screens, indicating the availability of Klarna's payment options.
A broader deployment to more Clover merchants is scheduled for early 2026.
The partnership is also looking to expand into e-commerce payments and explore further geographic growth in the future.
Klarna chief commercial officer David Sykes said: "We’re bringing Klarna to Main Street. Klarna started by changing how people pay online — now we’re changing how they pay everywhere. With Clover, we’re meeting shoppers where they are and giving small businesses a powerful new way to grow.”
Fiserv Merchant solutions head Jennifer LaClair stated: “Clover is excited to join forces with Klarna to leverage our strong presence across U.S. services, and retail, to power and engage consumers at key moments—before, during, and after checkout.”
Last month, Fiserv expanded the reach of Clover to Australia.
"Clover teams up with Klarna on in-store payments " was originally created and published by Electronic Payments International, a GlobalData owned brand.
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