Klarna is not new to the industry, but it is certainly not as old as the big three. These may not all be payment solutions providers, but shoppers are confident in providing their credit card information to these online stores. Today, no one really questions PayPal, eBay, or Amazon. With Klarna, a merchant can take online payments, can also charge the customer once the delivery is complete, which is commonly known as cash-on-delivery or COD, and also charge customers on an installment basis.īasically, Klarna is a financing program, and it is powered by WebBank. The only thing a customer needs to do is to provide his email address and postcode, and then the purchase will be completed. The thing that makes it different is that the merchants who use Klarna can charge their customers with any type of payment provider. Online business owners can charge payments with this system, and the consumers can pay without exposing their credit card numbers to the merchant, thus adding a layer of security for their identity and purchases. It is also a company that offers safe checkout solution for online businesses, and a payment solution for online shoppers. Klarna is a bank, and not just a payment solutions provider. In this Klarna review, we will take a closer look at this company, what services it offers, what the fees cost, whether it is secure, and so much more. The problem is that you cannot set-up your own preferences with these companies.Īnd this is where Klarna can make a difference in your business, but only if you are operating your own online store. Many online sellers rely on common payment processors like PayPal, 2Checkout, or the in-house payment processor of the selling platform.įor example, you do not have to think about any payment processor if you are selling on Amazon. If a purchase or signup is made through our partners, we receive compensation for the referral. Our goal at EcomElites is to help readers get the information they need, we partner with companies to help bring you that information.
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