Klarna Checkout vs. Visa Acceptance Solutions (CyberSource)

To get a flexible set of payment options quickly provisioned on your online store, Klarna is ideal. They offer the usual payment options and also additional buy now pay later options which give the customer a full selection of choices. With Klarna you can do one integration and get access to all of these.

Incentivized

For basic users it is probably a good fit. For connecting it's API's are straightforward and most would find it an easy connection to be made. The site overall is just not designed well. When you try to look at transactions a portion of the information is cut of without a scroll bar being added to slide to the fields you would like to see. If you need to see the data on the screen you need to make some adjustments.

Incentivized

• Flexible payment option.
• Easy to navigate the back end.

• They have built the connections to multiple card providers so that a retailer does not need to build the code for each one separately.
• The decision manager product catches and stops a lot of fraud from getting through and causing a large number or chargebacks.
• They also connect to PayPal making it easy to add them to any website as a payment method.

Incentivized

• Some Magento integration needs extra customisation
• Account setup can take time
• Able to configure your own offers via the dashboard

Incentivized

• fees- competitive, but budget for them
• price transparency- it's hard to know exactly what you're being charged for. We are charged a small % of each incoming payment batch, so AR reconciliation is more difficult
• implementation- significant time and expertise required to get everything up and running smoothly

Incentivized

Klarna have the most advanced and comprehensive solution which includes buy now pay later.

Incentivized

Payeezy does not provide fraud check facility and they provide JS based integration. Since client wants server side integration due to security and fraud check as well in place of using another third party for fraud. We went ahead with Cybersource

Incentivized

• They take a fee, larger than other systems do, so I do lose some money there.
• I make more sales than I would without the payment option through Klarna.

• It has streamlined credit card processing for the whole organization
• Provides all the info we need to locate specific transactions and address issues accordingly

Incentivized