Klarna

For accepting Klarna, you usually pay a percentage of the purchase amount plus a fixed fee per transaction. Depending on the type of Klarna product and your payment provider, the costs are often between 2% and 5%, plus a fixed contribution (e.g. £0.35 to £1.00 per transaction).

Because Klarna assumes the payment risk and takes care of customer assessment and collection, the costs are considerably higher than with iDEAL or Bancontact, for example. Nevertheless, many online shops consciously choose Klarna because of the positive effect it has on conversion and customer satisfaction. Easily compare Payment Service Providers that support Klarna and request multiple quotes directly.

Klarna is supported by several well-known PSPs, includingMollie, Buckaroo, MultiSafepay, Pay. andAdyenYou can usually activate Klarna easily via your payment provider's dashboard, both for 'Pay later', 'Pay in 3 instalments' and for immediate payment.

Want to be sure which PSP best suits your webshop? Then start thefree provider selectorWithin a few clicks, you can see which Payment Service Providers accept Klarna and meet your requirements. Request customised quotes immediately and compare the costs for Klarna, as well as other methods such asiDEAL, Bancontact orApple Pay.

Advantages:

• Higher conversion and fewer dropouts at checkout
  Customers can order without immediate payment, which reduces hesitation — especially for higher amounts or first-time buyers.

• Direct payout, no financial risk
  Klarna assumes the entire credit risk. As a business owner, you receive the money immediately, even if the customer pays later or in instalments.

• Higher average order value
  By offering Buy Now Pay Later or Installment payments, customers are more likely to make larger purchases.

• Trust and convenience for consumers
  Buy Now Pay Later offers customers extra security, especially when shopping at unknown webshops or making more expensive purchases.

• Klarna's marketing power
  Klarna has a strong brand and invests in marketing (such as the Klarna Shopping app), which means you benefit from extra visibility among consumers.

• Easy integration via PSP or directly via Klarna
  Available as a ready-to-use connection via Payment Service Providers or via direct integration with larger webshops.

• Multiple variants available
  Next toPay later alsoPay in 3 instalments (without interest) andPay immediately, allowing you to respond flexibly to different customer needs.

Disadvantages:

• Higher transaction fees than with direct payment methods
  Because Klarna assumes the risk and offers additional services, the costs are often between 2% and 5% + a fixed fee. This is considerably higher than with iDEAL or Bancontact, for example.

• Not suitable for all product groups
  Some sectors (such as subscriptions, donations, or certain services) are not always eligible for Buy Now Pay Later via Klarna.

• Strict acceptance criteria from Klarna
  Klarna conducts an Underwriting assessment of your online store (e.g. return policy or type of products). Not every merchant is automatically accepted.

• Possible barrier for foreign customers
  Buy Now Pay Later is particularly popular in countries such as the Netherlands, Germany and the Nordics. Outside these markets, its use is sometimes more limited.

• Limited suitability for B2B
  Klarna primarily focuses on consumers (B2C). For business customers, offering Buy Now Pay Later is often arranged differently (e.g. via factoring or credit checks).

It makes sense that you want to combine Klarna with other popular methods for maximum payment convenience and conversion. Decide which ones you need for your target group and target markets. On our platform, you will find detailed information about, among other thingsiDEAL, PayPal, Bancontact andApple PayAre you active in specific countries? Then take a look at all the frequently usedPayment methods per country or learn more about differente-commerce markets and discover more about online payment behaviour.

This payment method is part of the categoryBuy Now Pay Later, where you can also read more about alternatives such asRiverty andin3.