Klarna

#Open invoice

Klarna is a Swedish company that offers online payment solutions for both consumers and merchants. Its most popular payment method is the “Buy now, pay later” option, which allows […]

Market coverage 16
  • Austria
  • Belgium
  • Canada
  • Denmark
  • Finland
  • France
  • Germany
  • Italy
  • Netherlands
  • Norway
  • Poland
  • Spain
  • Sweden
  • Switzerland
  • United Kingdom.
  • United States of America
Currencies 4
  • Euro
  • Poland Zloty
  • Switzerland Franc
  • United Kingdom Pound
Description

Klarna is a Swedish company that offers online payment solutions for both consumers and merchants. Its most popular payment method is the “Buy now, pay later” option, which allows consumers to defer their payment for up to 30 days after the purchase.

Klarna also offers a pay-over-time option, which allows consumers to split the cost of a purchase into several equal installments. The installments can be spread over a period of up to 36 months, with a fixed interest rate.

To use Klarna, consumers must provide personal and financial information, such as their name, address, phone number, date of birth, and social security number. Klarna uses this information to perform a credit check and determine whether a consumer is eligible for financing.

Merchants who use Klarna as a payment method can benefit from increased sales, as the pay-over-time option can make products more accessible to consumers who are unable to pay the full purchase amount at once.

Klarna also offers buyer protection that covers consumers in case of non-delivery or defective product.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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