Collaboration of technology providers set to improve the customer experience To celebrate the launch, Vend and Klarna will be showcasing the latest integration at London’s leading lifestyle tradeshow, TopDrawer.
13th January 2020: Vend, the preferred retail point-of-sale software of the British Independent Retail Association, has today announced a partnership with global payments provider Klarna. The collaboration gives customers of boutique retailers more flexible payment options, levelling the playing field for small business to compete with enterprise retail and offer Klarna’s smooth and easy payments in-store across the United Kingdom. The role out will later follow in the United States in 2020.
Hailed as the cornerstone of the high street, independent retail is celebrated for ‘retailtainment’ and experiential concepts that continue to draw shoppers to stores. While workshops, local events and initiatives attract loyal customers, innovative use of retail technology is key to support the success and profitability of these small businesses. The use of new, innovative tech frees up time for staff to focus on their unique, winning formulas that ensure local high streets can thrive.
Vend’s collaboration with Klarna puts an enterprise tool in the hands of small business retailers, so that beloved curated ‘hard to find’ items stocked by independent retailers can now be sold using buy-now-pay-later flexibility in-store on Vend ePOS, and online.
Small businesses can create a flexible checkout experience that’s easy to set up. Connecting to any smartphone, customers will be able to pay with Klarna by scanning a QR code or using a payment link provided by SMS or email, before filling out their details and selecting a payment option. Klarna then makes a real-time decision made in just seconds and Vend’s ePOS system will automatically reconcile Klarna sales at the end of the day.