Klarna introduces in-store payment to major international footwear retailer

Payments provider Klarna has revealed an expansion of its partnership with footwear retailer schuh.

Klarna’s payment products are said to be live on schuh’s UK and Germany websites, with the addition of Klarna’s ‘Pay in 3’ option now available in-store.

schuh will become one of the first major retailers to roll-out Klarna’s Pay in 3 service across its store portfolio in the UK, available at over 110 stores before Christmas.

The move opens up the payment opportunities to consumers who choose to visit on foot rather than online.

Luke Griffiths, Klarna’s UK general manager, said: “schuh has completely embraced what our offer can provide to their in-store presence.

“We’ve seen first-hand schuh’s unrelenting focus on providing the best customer experience across channels, which is why we wanted them to be the first to launch our ‘Instant Buy’ button in the UK, giving customers even more convenience when shopping on screen.

“With a double-digit uplift in sales conversions using Pay later, schuh understands the power of payments for driving growth, and we can’t wait to see what consumers think of the full range of our pay later products, currently loved by 4 million shoppers in the UK.”

schuh is to become the first UK retailer to integrate Klarna’s ‘Instant Buy’ button, allowing shoppers to purchase at any point of the purchase funnel.

The technology can be embedded directly into product pages, or through social shopping platforms like Pinterest and Instagram.