Klarna
Klarna describes itself as a consumer payments and money app offering flexible payment options online and in store, including the Klarna Card. It is not automotive-specific.
Klarna: Pay later and instalment options
Its site has separate sections for shoppers and for businesses, and a security page describing fraud prevention and alerts.
| Product or service | Function |
|---|---|
| Pay later and instalment options | Flexible, interest-free options in the United States, subject to the terms on its site. |
| Klarna Card and app | A card and an app for managing everyday payments. |
| Klarna for business | A section for merchants that offer Klarna at checkout. |
| Security features | Fraud prevention, smart identification, instant alerts and activity monitoring. |
Klarna: product details
Klarna's United States home page presents it as a money app rather than a checkout add-on: it advertises a membership discount, 120 million users worldwide and more than 1.2 million merchants, and says it has about 20 years of experience. Those are company figures.
Nothing on the pages read concerns dealerships or vehicle financing, so a store considering pay-later options for service or parts counters should check which merchant category Klarna allows, what fee the store pays per sale and how refunds are settled.