Klarna is a Swedish company specializing in financial services and online payments. Founded in 2005, Klarna provides a payment platform that allows consumers to make online purchases in a simple and secure manner. It also offers financing solutions and deferred payment services for online purchases.
The main service offered by Klarna is “Pay in 4,” which allows users to split the cost of an online purchase into four equal installments, made every two weeks. This installment payment option has become popular among consumers as it enables them to spread out the cost of their purchases without paying any interest, provided they meet the payment deadlines.
In addition to Pay in 4, Klarna offers other financial services such as credit cards, consumer loans, and deferred payment solutions. These options allow consumers to make immediate online purchases while deferring the payment.
Klarna collaborates with numerous online merchants, thereby providing consumers with the opportunity to use its payment services across a wide range of online stores. During the checkout process, Klarna users can select Klarna as the payment method, enabling them to take advantage of its services and financing options.