About Klarna
Klarna is a payment solution platform from Klarna that offers flexible payment options for consumers and merchants. It combines payment processing, credit assessments, and user insights to help businesses increase sales and improve customer use. Klarna enables customers to pay for their purchases over time or choose to pay later, providing financial flexibility. Merchants benefit from advanced fraud protection and analytical tools to improve their sales strategies. Key capabilities: payment processing credit assessments fraud protection customer insights merchant analytics Best for: online retailers that need to provide flexible payment solutions to improve customer satisfaction and drive sales.
Klarna is a global payment service provider that offers flexible payment solutions for consumers and merchants. Founded in 2005, the platform is best known for its 'Buy Now, Pay Later' (BNPL) services, which include interest-free installments and deferred payment options. For merchants, Klarna provides a comprehensive checkout solution that integrates directly into e-commerce sites, aiming to reduce cart abandonment and increase average order value. The platform includes built-in fraud protection, merchant analytics, and a consumer-facing mobile app that allows users to manage their payments and track deliveries. Klarna supports a wide range of global currencies and is widely used across retail, fashion, and travel sectors. While it offers powerful conversion-driving tools, merchants should be aware that it operates as a third-party payment processor with its own fee structure and risk assessment policies.
Pros & Cons
- Offers flexible payment options such as buy now, pay later
- Provides additional security for online transactions through Klarna's Fraud Protection Guarantee
- Simplifies the checkout process for customers by integrating directly into e-commerce platforms
- Allows merchants to increase conversion rates and average order value through personalized financing options
- Offers seamless refunds and returns management for both customers and merchants
- Limited integration options with other payment processors
- Higher transaction fees compared to other payment processing services
- Limited customization options for checkout process
- Complex setup process for merchants
- Limited customer support options for merchants
Features
Key features
Allows customers to pay for purchases immediately via bank transfer or card.
Enables customers to defer payment for up to 30 days after purchase.
Offers interest-free installment plans for spreading the cost of purchases.
Provides a streamlined, branded checkout experience for e-commerce merchants.
Includes automated risk assessment and fraud prevention tools for merchants.
Additional features
Provides a dashboard for managing orders, refunds, and viewing sales analytics.
Supports multiple currencies and payment methods across international markets.
Offers a mobile application for users to track orders, manage payments, and discover deals.
Enables Klarna payment options at physical retail locations via QR codes or digital wallets.
Offers robust APIs for developers to integrate Klarna into custom e-commerce platforms.
Automates the refund process for both merchants and consumers.
Provides merchants with data on customer behavior and purchasing trends.
Pricing
Countries & Languages
Interface languages
Billing currencies
No reviews yet
Be the first to drop a review
Alternatives to Klarna
.png){kind=small}
WebPay
WebPay is a payment gateway software from WebPay that provides a full-featured solution for processing…
Verifi Global Payment Gateway
Verifi Global Payment Gateway is a payment processing platform from Visa that provides secure transaction…
Vella
Vella is a multi-currency banking software from Vella Finance that provides a convenient banking use.…
Moniepoint
Moniepoint is a financial management software from Moniepoint Microfinance Bank that supports small business transactions.…
Spot something wrong or outdated?
Suggest a correction — a reviewer verifies every change.
About Klarna
Klarna is a payment solution platform from Klarna that offers flexible payment options for consumers and merchants. It combines payment processing, credit assessments, and user insights to help businesses increase sales and improve customer use. Klarna enables customers to pay for their purchases over time or choose to pay later, providing financial flexibility. Merchants benefit from advanced fraud protection and analytical tools to improve their sales strategies. Key capabilities: payment processing credit assessments fraud protection customer insights merchant analytics Best for: online retailers that need to provide flexible payment solutions to improve customer satisfaction and drive sales.
Klarna Details
Klarna's In-App Market Place
Does Klarna have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
12
Mini Apps
1. Klarna Checkout: This add-on allows customers to securely and easily complete their purchases using Klarna's payment processing system directly on the website.
2. Klarna Payments: This add-on offers flexible payment options for customers
including pay now
pay later
and slice it
allowing them to choose the payment method that works best for them.
3. Klarna Order Management: This add-on streamlines order management processes
including order tracking
returns
and refunds
making it easier for businesses to manage their orders effectively.
4. Klarna Fraud Prevention: This add-on helps businesses prevent fraudulent transactions by detecting suspicious activity and verifying customer information before processing payments.
Pricing Options
Accepted Payment Currencies
AUD ($), CAD ($), CHF (CHF), DKK (kr), EUR (€), GBP (£), NOK (kr), SEK (kr), USD ($)
Pros & Cons
- Offers flexible payment options such as buy now, pay later
- Provides additional security for online transactions through Klarna's Fraud Protection Guarantee
- Simplifies the checkout process for customers by integrating directly into e-commerce platforms
- Allows merchants to increase conversion rates and average order value through personalized financing options
- Offers seamless refunds and returns management for both customers and merchants
- Limited integration options with other payment processors
- Higher transaction fees compared to other payment processing services
- Limited customization options for checkout process
- Complex setup process for merchants
- Limited customer support options for merchants
Klarna's Support Options
Email Address
support@klarna.comContact
1-844-552-7621Documentation
https://www.klarna.com/us/business/merchant-support/Community Forums
https://community.klarna.com/Chatbot
AvailableLive Chat
AvailableKlarna's Alternatives
WebPay
WebPay is a payment gateway software from WebPay that provides a full-featured solution for processing…
Verifi Global Payment Gateway
Verifi Global Payment Gateway is a payment processing platform from Visa that provides secure transaction…
Vella
Vella is a multi-currency banking software from Vella Finance that provides a convenient banking use.…
Moniepoint
Moniepoint is a financial management software from Moniepoint Microfinance Bank that supports small business transactions.…
.png&w=96&q=75){kind=small}
