Klarna

Klarna reports H1 2023 Results: smashes profitability target, continued growth ahead of e-commerce

Retrieved on: 
Thursday, August 31, 2023

STOCKHOLM, Aug. 31, 2023 /PRNewswire/ -- Klarna, the AI-powered global payments network and shopping assistant, today reported its H1 results for 2023, which includes a profitable month in the second quarter ahead of target, successfully aligning with its strategic focus on both profitability and growth.

Key Points: 
  • STOCKHOLM, Aug. 31, 2023 /PRNewswire/ -- Klarna, the AI-powered global payments network and shopping assistant, today reported its H1 results for 2023, which includes a profitable month in the second quarter ahead of target, successfully aligning with its strategic focus on both profitability and growth.
  • Klarna has shown time and again that its approach to underwriting short-term lending to responsible consumers with a customer-centric, merchant-funded approach works.
  • You can find Klarna Holding AB and Klarna Bank AB reports on Klarna's IR site .
  • This disclosure contains information that Klarna Bank AB (publ) is obliged to make public pursuant to the Swedish Securities Markets Act (2007:528).

Klarna reports H1 2023 Results: smashes profitability target, continued growth ahead of e-commerce

Retrieved on: 
Thursday, August 31, 2023

STOCKHOLM, Aug. 31, 2023 /PRNewswire/ -- Klarna, the AI-powered global payments network and shopping assistant, today reported its H1 results for 2023, which includes a profitable month in the second quarter ahead of target, successfully aligning with its strategic focus on both profitability and growth.

Key Points: 
  • STOCKHOLM, Aug. 31, 2023 /PRNewswire/ -- Klarna, the AI-powered global payments network and shopping assistant, today reported its H1 results for 2023, which includes a profitable month in the second quarter ahead of target, successfully aligning with its strategic focus on both profitability and growth.
  • Klarna has shown time and again that its approach to underwriting short-term lending to responsible consumers with a customer-centric, merchant-funded approach works.
  • You can find Klarna Holding AB and Klarna Bank AB reports on Klarna's IR site .
  • This disclosure contains information that Klarna Bank AB (publ) is obliged to make public pursuant to the Swedish Securities Markets Act (2007:528).

Europe POS Payment Methods 2023: Europe Embraces Contactless POS Payments, with Digital Wallets and Debit Cards Leading the Way - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 23, 2023

As of April 2022, 52% of consumers chose to pay less with cash, and 36% opted for contactless payment methods.

Key Points: 
  • As of April 2022, 52% of consumers chose to pay less with cash, and 36% opted for contactless payment methods.
  • Among these options, debit cards have emerged as the preferred POS payment method, with more than half of merchants considering them essential due to their security benefits and convenience.
  • In Europe, although cash remains dominant, there has been significant growth in the usage of contactless credit and debit cards.
  • The Giro card dominates the POS payment landscape, representing 42% of all card payments used at POS, followed by credit cards at 6%.

Petco Expands On-Demand Delivery Through DoorDash Partnership, Unveils New App Features

Retrieved on: 
Thursday, August 17, 2023

SAN DIEGO, Aug. 17, 2023 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) today announced an expanded partnership with DoorDash – one of its existing fulfillment partners – to make Petco's assortment of products available nationally via the DoorDash Marketplace. Through the DoorDash mobile app and website, pet parents will have greater access to Petco's curated selection of products supporting pets' whole health for on-demand delivery.

Key Points: 
  • Through the DoorDash mobile app and website, pet parents will have greater access to Petco's curated selection of products supporting pets' whole health for on-demand delivery.
  • Petco has also unveiled updates within the Petco app, including a streamlined profile for pets' wellness needs.
  • Additionally, Petco now offers Klarna's interest-free "Pay in 4" solution for purchases made within the Petco app.
  • Petco's same-day delivery and eligible Repeat Delivery orders are fulfilled through DoorDash.

CentralNic Group plc Continued Expansion with Key Partnerships and Integrations

Retrieved on: 
Monday, August 7, 2023

CentralNic Group PLC (AIM: CNIC), the global internet company that derives recurring revenue from privacy-safe, AI-based customer journeys that help online consumers make informed choices, is pleased to announce a series of recent strategic partnerships, achievements, and the overall progress of the Group.

Key Points: 
  • CentralNic Group PLC (AIM: CNIC), the global internet company that derives recurring revenue from privacy-safe, AI-based customer journeys that help online consumers make informed choices, is pleased to announce a series of recent strategic partnerships, achievements, and the overall progress of the Group.
  • As a Tier 1 partner, Zeropark now has access to premium placements that are only available to a select group of Sovrn's most trusted partners.
  • Using the Zeropark platform, CentralNic will connect high-intent travellers seeking their next getaway directly to Booking.com .
  • Looking ahead, CentralNic is excited about the potential these partnerships hold for the future.

OnBuy Shakes up Online Marketplace Space With £10 Million in Cashback Rewards

Retrieved on: 
Tuesday, July 18, 2023

UK online marketplace OnBuy has become the world’s first cashback marketplace, taking on the global eCommerce giants with an ambitious new model that will disrupt the online retail landscape.

Key Points: 
  • UK online marketplace OnBuy has become the world’s first cashback marketplace, taking on the global eCommerce giants with an ambitious new model that will disrupt the online retail landscape.
  • Cashback is also uncapped, so customers can save it indefinitely as long as they sign into their account every six months.
  • Six million customers and counting trust OnBuy, an online marketplace on a mission to transform eCommerce for the better.
  • OnBuy Cashback will reward customers’ loyalty in a tangible way, without codes or catches, and have a real impact on peoples’ pockets.

New West Technologies Unveils SensePay for Microsoft Dynamics 365 Business Central: A Transformational Payment Platform for the Next-Generation B2B and B2C Enterprises

Retrieved on: 
Thursday, July 13, 2023

PORTLAND, Ore., July 13, 2023 /PRNewswire/ -- New West Technologies proudly announces the launch of SensePay for Microsoft Dynamics 365 Business Central.

Key Points: 
  • PORTLAND, Ore., July 13, 2023 /PRNewswire/ -- New West Technologies proudly announces the launch of SensePay for Microsoft Dynamics 365 Business Central.
  • SensePay for Dynamics 365 Business Central is a groundbreaking connection tool for Microsoft Dynamics 365 subscribers, providing the opportunity to select your preferred payment processor.
  • At New West, we've raised the bar for Dynamics 365 users, enriching both B2B and B2C payment methods with a variety of integration options.
  • Dan King, President of New West Technologies, shares, "The introduction of SensePay for Dynamics 365 Business Central marks a transformative milestone for businesses utilizing Microsoft Dynamics 365.

Checkout.com launches Intelligent Acceptance, an AI-powered optimization engine that boosts acceptance rates and increases merchant revenue

Retrieved on: 
Tuesday, June 27, 2023

"Since going live with Intelligent Acceptance, the authorization rate of payments processed on Checkout.com's rails has increased by nearly 10%.

Key Points: 
  • "Since going live with Intelligent Acceptance, the authorization rate of payments processed on Checkout.com's rails has increased by nearly 10%.
  • Intelligent Acceptance optimises across the complete payment flow, including pre-processing aspects like messaging & routing and post-processing with adaptive retries.
  • Merchants also have complete control over which stage of the transaction journey is improved and the criteria that Intelligent Acceptance optimises for, including; maximising acceptance rates, lowering transaction costs, or both.
  • Acceptance: Network Tokens can offer better acceptance rates, lower interchange fees and a more secure way to share card information.

Checkout.com launches Intelligent Acceptance, an AI-powered optimization engine that boosts acceptance rates and increases merchant revenue

Retrieved on: 
Tuesday, June 27, 2023

"Since going live with Intelligent Acceptance, the authorization rate of payments processed on Checkout.com's rails has increased by nearly 10%.

Key Points: 
  • "Since going live with Intelligent Acceptance, the authorization rate of payments processed on Checkout.com's rails has increased by nearly 10%.
  • Intelligent Acceptance optimises across the complete payment flow, including pre-processing aspects like messaging & routing and post-processing with adaptive retries.
  • Merchants also have complete control over which stage of the transaction journey is improved and the criteria that Intelligent Acceptance optimises for, including; maximising acceptance rates, lowering transaction costs, or both.
  • Acceptance: Network Tokens can offer better acceptance rates, lower interchange fees and a more secure way to share card information.

Klarna unveils new tools enabling consumers to shop more consciously and take climate action

Retrieved on: 
Wednesday, June 14, 2023

With 150 million consumers worldwide, Klarna continues to shape the future of shopping, evolving beyond payments to become the go-to starting point for every purchase.

Key Points: 
  • With 150 million consumers worldwide, Klarna continues to shape the future of shopping, evolving beyond payments to become the go-to starting point for every purchase.
  • "We are proud of these new tools that go beyond merely providing information about the environmental impact of purchases.
  • "We recognize the power of Klarna's growing network of 150 million consumers, which comes with a responsibility to leverage our platform for good.
  • These new features follow several other initiatives led by Klarna to provide consumers with the tools and insights they need to shop more consciously.