Klarna is a major Swedish operation that offers a popular online payment service across the country and now in many other territories as well.
Klarna is a Swedish company that offers a payment method accepted by online merchants including many casinos, and used by 60 million people at 70,000 locations worldwide.
The company has only been around since 2005, but in their native Sweden, some 40% of all e-commerce payments go through Klarna, and they now have around 1400 staff, mainly in Stockholm, processing $10 billion per year.
How Does Klarna Work?
Customers pay for goods or services with a credit or debit card that's linked to a Klarna account which has built-in safety measures that, depending on where it has been used, allows them to postpone payment or pay it in stages.
This can be particularly useful for online purchases, where Klarna hold the funds until the customer has received their goods. In many cases payments can be held for a full 30 days, which gives an added layer of protection to users.
Smooth Payments Worldwide
They promote the fact that it's a simple system to use and very flexible, with no complicated forms to fill in when applying for an account.
With options for direct payments, pay after delivery, or on credit, it's growth looks set to continue, although it's worth pointing out that at online gambling sites, just the direct payments are available. Winnings can quickly and securely be sent back to a Klarna account however, so it's becoming a popular option across Scandinavia and beyond.