Simon Teams With Klarna to Offer Guests In-store Payment Options

Simon Property Group has teamed with Klarna to offer the mall operator’s shoppers the fintech company’s in-store payment solutions. The companies also said in a statement that they’re working together on “additional strategic initiatives, which will be announced and rolled out in the future.” The rollout of Klarna’s payment options at Simon retail centers was described as a “strategic national alliance and multiyear relationship” between the two companies. “The collaboration will harness the power of Simon’s vast in-store shopper base with Klarna’s millions of monthly active users,” the companies said. David Simon, chairman, chief executive officer and president of Simon, said identifying ways that support the success of “our merchants while elevating the customer shopping experience are key priorities for Simon.” “By aligning with Klarna, we’re giving our retail tenants an important advantage this holiday season and well into the future: a unique way to attract new audiences already embracing the convenience that Klarna’s interest-free payment options provide,” he added. Sebastian Siemiatkowski, CEO of Klarna, said Simon “connects millions of consumers with merchants in truly meaningful and engaging ways that are reimagining experiences far beyond the expected, every day.” “With recent news reports stating that retail traffic is expected to exceed 2019 levels once again, we’re

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