Worldpay makes Klarna a default payment option—here’s why that may backfire

The news: Klarna will now be offered as a payment method at all Worldpay merchants, per a press release.

Prior to the expanded partnership, Klarna was offered as an alternative payment option that Worldpay merchants could request.

How this helps Klarna: Klarna has a network of 600,000 merchants. Given Worldpay works with 1 million merchants, this will greatly expand its acceptance network and advance Klarna’s goal of being at every checkout.