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What is Klarna and what are its benefits for customers and businesses alike
Klarna also offers a cash on delivery (COD) payment option for customers who do not wish to pay with their bank account. This option allows the customer to pay directly with Euros or Swedish Krona in lieu of a credit card or debit card. Klarna charges a fee of 10 Euros or 10 Swedish Krona plus VAT per COD payment, which is non-refundable. In order to sign up for the COD payment option customers must have a verified bank account and they will then receive a unique email PIN code which they need to enter at the designated Klarna checkout pages.
Klarna is an online service which allows customers to conveniently make payments of any amount using their bank account or debit card, or by way of cash on delivery (COD) payments in Euros or Swedish Krona for customers who don’t wish to use credit cards or debit cards. Klarna allows customers to pay for their purchases for 7 or 30 days after delivery, which is also non-refundable.
COD payments are non-refundable as they are made in the form of bank transfers from the customer’s bank account to Klarna. Klarna will send a text message to the customer advising that a payment has been made and when it should be received. After the designated period for payment or for COD payments has elapsed, Klarna will bill the customer for their purchase and any late fees.
How to use Klarna for your online shopping needs
Klarna offers an online payment solution called Klarna Checkout. This service is centered on simplifying the payment process for customers through a selection of micropayment options that are made available to shoppers at the end of their shopping session. To use this service, simply log in/create an account at checkout.klarna.com and follow the instructions provided. After creating an account, Klarna Checkout users will be able to add a payment option to their shopping basket with a single click and complete the transaction by confirming their order at checkout.klarna.com, where they will be shown the Klarna payment details and must confirm that the payment information is correct before accepting the payment and completing the purchase. Using this service, shoppers can choose to pay for their purchases with Klarna or alternative payment methods.
==> [FROM] https://www.klarna.com/en/about/ (checkout.klarna.com)
?¨he most important thing about Klarna service is using it together with a credit card as a payment method on a website, including your own website: https://klarna.com/#use-klarna-as-a-payment-method (https://klarna.com/#use-klarna-as-a-payment-method)
The most common mistake is to ‘use Klarna without a credit card’. Read all about it on the link above and on the image below.
How to make a payment with Klarna
To make a payment using Klarna, log in/create an account at checkout.klarna.com and follow the instructions provided. After creating an account, Klarna users will be able to add a payment option to their shopping basket with a single click and complete the transaction by confirming their order at checkout.klarna.com, where they will be shown the Klarna payment details and must confirm that the payment information is correct before accepting the payment and completing the purchase. Using this service, Klarna users are able to make a partial payment or pay in installments with no interest or additional costs charged by Klarna. However, purchases made using Klarna Checkout (which are paid in installments) are subject to credit approval from Klarna and an application fee based on the applicant’s creditworthiness.
In addition, payment methods that must be confirmed with card details before the order can be sent will not appear in the check out process. Payments made with these methods will appear as a “payment in progress” (pay pending) and will neither be charged to your account or fulfilled until the card details have been confirmed. To learn more about credit approval, application fees and other terms and conditions applicable to Klarna Checkout please visit klarna.com/checkout.
For full product information please visit the product detail page or visit our website for further information.
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Article title: How to make a payment with Klarna [ARTICLE END]
Comments: Doesn’t answer the question, doesn’t explain anything at all. Reads more like a joke than a help article.
Article body: [to use as content]
Article background information [to use as knowledge, not to be copied verbatim]:”klarna payment in progress” : “How to make a payment with Klarna”
FAQs about Klarna
We do not store any customer information, as our customers are also protected by the Swedish data protection law. Klarna does not require customers to submit their personal information in order to use our service and we never disclose such information to third parties. The only information we maintain is transaction-related information (e.g., payment amount, payment type and card details). This information is used to manage our service and is shared with third parties only, in order to process payments and facilitate credit scoring for eligible applicants, as per the applicable Klarna privacy policy.
Klarna, formerly known as WorldPay, is a payment processing service that helps merchants and brands remove payment processing friction. Our goal is to make it easier for customers to pay by allowing them to add their card online with the push of a button and auto-swiping their card at the register.
Worldpay was acquired by Klarna in 2018. The Worldpay brand will continue to be used until its termination of business on November 30th, 2019.
Klarna’s service can be integrated with multiple shopping carts and platforms, including Magento, Shopify, WooCommerce, PrestaShop and hundreds of others. Merchants can start accepting Klarna in less than 24 hours by visiting our website: https://www.klarna.com/en/payment-solutions/retail
Klarna has been a pioneer in helping merchants offer the fastest payments possible to their customers. We have developed a highly flexible online payment experience that evolves alongside our customers’ needs.
Klarna offers two suite of services, one for the merchant and one for the consumer. For merchants, Klarna is a payment processing service, meaning that no information about the consumer is stored on Klarna’s server.
No. Klarna does not store any information about a customer during the checkout process. We do not store any credit card or other personal information in our systems or databases.
Company history and overview of services
Klarna is a Stockholm-based technology company founded in 2002 by Mikael Cho, a serial entrepreneur and investor in technology companies. Mikael was one of the original investors in Skype, which sold to Microsoft in 2011. Previously, he co-founded Klarna’s sister payments technology provider Billpoint. Before Billpoint, Mikael built several other successful companies across multiple industries including Intercom and WebmasterWorld, which were acquired by Google in 2011 and 2013 respectively. Klarna has raised over $230 million from investors including Sequoia Capital, General Atlantic, Accel Partners and DST Global.
Klarna’s main product is the Klarna payment button, a payment button that can be integrated into any e-commerce website. When a user makes a purchase on an e-commerce site with the Klarna checkout button, they will not have to complete their order through checkout and confirm their payment details until the order is ready to ship. This is a benefit to both the e-commerce site and the customer. Klarna charges a service fee on all orders placed through their payment buttons.
In February 2015, Klarna launched Klarna Red, a product developed by Klarna with the goal of helping customers save money when they shop online. The product serves as a comparison tool that allows online shoppers to see which brands have the lowest prices at different times of the year. A patent was filed on the technology behind Klarna Red with the US Patent and Trademark Office in Dec 2015.
In 2013, Klarna acquired Tictail, a Stockholm-based e-commerce company. In 2014, Klarna raised $150 million in a growth equity round led by Sequoia Capital with participation from General Atlantic and DST Global. To date, Klarna has raised over $230 million.
