In Swedish e-commerce, invoicing (pay-later billing) is less a feature of any one brand than a default payment option that consumers simply expect. Walley is a Nordic-focused invoice and installment method operated by the Collector Bank group, with coverage concentrated in Nordic markets including Sweden. In Sweden, one of the world's most advanced cashless markets, it can be considered a complementary axis for absorbing pay-later demand.

It suits merchants that already run Klarna but need to shore up pay-later approval rates or diversify their B2C deferred-payment options, as well as businesses selling categories such as furniture and sporting goods where customers strongly prefer to pay after inspection. Another factor worth weighing is that if you sell across multiple Nordic countries at once, a single invoice brand can cover customers in Sweden and neighboring markets together.

When a consumer selects Walley, a deferred invoice or installment plan is approved after a simple identity check and credit assessment. The consumer pays within the invoice deadline after receiving the goods, and non-payment risk is, in principle, managed by Walley, with the merchant paid out based on the approved transaction. Hecto Financial then receives the proceeds in SEK.

Integrating through Hecto Financial lets a Korea-based corporation consider adopting Walley payments without a separate local contract in Sweden. Actual support availability and terms (settlement cycle, fees, currency options) vary by merchant industry and transaction volume, so confirmation with Hecto Financial's sales team is required before contracting.

• Business registration country

  Confirm contract eligibility for merchants based in Korea

• Sales channels

  Integration method and priority vary depending on your mix of online sales channels — owned storefront, marketplaces, mobile apps, etc.

• Product categories

  Check in advance whether your category falls under Walley's restricted merchant categories

• EU regulatory compliance

  Confirm compliance with EU payment regulations such as PSD2 and SEPA (see official sources below)

Settlement proceeds as follows: Hecto Financial receives proceeds in SEK, converts them, and settles to Korea in whichever currency — USD, KRW, or JPY — was selected under contract, with the cycle following the contract terms. Because of the deferred-payment structure, a return can occur before the consumer has actually paid, in which case it's handled as an adjustment to the invoice amount. Given the 14-day withdrawal period guaranteed to EU consumers, including those in Sweden, it's safer to align your invoice deadlines with your return policy.

• Sveriges Riksbank (Sweden's central bank), Finansinspektionen (Swedish Financial Supervisory Authority)Official information on Sweden's payment systems and related regulations. If actual regulations differ from the content on this page, the official source takes precedence.