Klarna is a payment tool that allows you to make deferred payments in three months without costs or interest. It is based on a mobile application and is accepted by thousands of merchants for online purchases. Many people wonder if it is possible to use Klarna with PayPal. It is a complex answer, and we will try to solve it.
If you query on the Internet, you will see that many people say it is impossible to link a payment to PayPal from Klarna. In reality, we are talking about two competitors. Two different payment methods should not be combined. However, this has some interesting nuances that you should keep in mind.
Let’s review the main aspects of Klarna as a payment tool, and then we will explain some features you could use to try to pay on PayPal.
What is Klarna?
Klarna is a payment method that, when installed on a large list of merchants, allows the deferment of payments on Internet purchases without applying interest. To access this service, you must first link the application with your bank accounts for an initial solvency check that includes aspects such as card payments, purchases, balances, etc.
How to pay with Klarna
To make payments in Klarna, please follow the steps below:
- Select Klarna as the payment method at the time of payment.
- The application takes the user to the Klarna Banking page to select the bank.
- Log in (safely) to the selected bank with the respective password.
- The payment is completed by the online banking service.
- Confirmation of the payment is provided.
Klarna is accepted at more than 60,000 in-person and online merchants such as Amazon, Apple, and Walmart.
Klarna’s advantages and disadvantages
The main advantages attributed to Klarna are as follows:
- It has the possibility of interest-free financing.
- The application is user-friendly and easy to use
- It works on a large number of face-to-face and online merchants.
Among the disadvantages attributed to Klarna, the following stand out:
- The single-use cards have a limited expiration date.
- There are delays in reporting payments to credit reports.
- Credit checks are performed
Klarna’s operation is based on a mobile application available for all major operating systems for mobile devices.
Customer service is provided on the application’s support and web platform. The application offers a help and contact center where you can connect depending on the type of doubt or query: the section is called Customer Service.
Can Klarna be used in PayPal?
As we told you at the beginning of the article, it is a yes with nuances. The first thing to think about is how to add a payment method to PayPal.
The process, as you know, is not complicated:
- You access your PayPal account and go to the area of sending and receiving payments.
- Select the banks and cards section
- Choose the option of linking a new card.
- Enter the information of the card you want to unlink (in this case, Klarna).
- Link the card
The problem comes when you don’t have a Klarna card per se. in that case, how can you possibly incorporate it as a payment method?
Well, this is not complicated, either. Note that in your Klarna application, you can use a single-use card or phantom card. That is a card that allows you to use it as you would any other type of credit or debit card, with the limits set by you when you create it.
With this unique card data, you must follow the steps we have seen above and link the card to PayPal. You can use your Klarna balance (or the part you allocate) in PayPal.
Generally, the process would go as we have told you: first, create a single card, then open your PayPal account and perform the operation. However, the application sometimes believes that it is a gift card and does not allow the transaction to be completed. It would be best if you did the opposite in this case: first, log in and pay with the corresponding PayPal amount.
Can PayPal be used in Klarna?
It’s interesting to close the article with the reverse question. And in this case, there are no nuances: the answer is no. You will not be able to pay for the application credits with a credit card, nor will you be able to transfer your PayPal balance.
This application will generally accept the majority of debit and credit cards. It will also accept automated payments from a bank account. However, it will only be possible to add a balance from PayPal indirectly in any case.
As you can see, although there seems to be no direct link from Klarna to pay on PayPal, the truth is that it is not complicated. Simply create your virtual card and incorporate it as a payment method in PayPal.