Klarna The European alternative to PayPal Pay Later / Affirm (US)
Regulated EU payment service provider with installment payments
Sweden Fintech & Banking instead of PayPal Pay Later / Affirm (US)
About Klarna
Swedish payment service provider with EU banking license for installment payments and payment processing. The company is subject to European financial market regulation and data protection legislation.
Highlights
- ✓ Buy now, pay later – flexible within 30 days
- ✓ Installment payments up to 36 months
- ✓ Buyer protection for non-delivery or defects
- ✓ Clear app for all payments and returns
- ✓ Klarna Card: Visa card with installment payments worldwide
Why European?
- → Swedish bank (Klarna Bank AB), European banking license
- → Regulated by Swedish Financial Supervisory Authority (Finansinspektionen)
- → GDPR-compliant, European data storage
- → No CLOUD Act – US authorities have no access
Pricing
Free for buyers · Installment payments from 0% (depending on merchant) · Klarna Card on request