About Klarna
Klarna, a prominent buy now, pay later (BNPL) service, originated in Sweden back in 2005. It offers users the flexibility to divide their purchases into four equal payments, settle the amount within 30 days, or opt for extended financing options. With a vast network of 500,000 merchants and a customer base of 150 million individuals globally, Klarna has established itself as a leading player in the BNPL industry.
About Affirm
Affirm is a reputable buy now, pay later (BNPL) service that enables merchants to offer flexible payment plans to their customers, without any hidden fees or deceptive practices. Consumers have the freedom to choose the payment option that suits their budget, ranging from four interest-free payments every two weeks to monthly installments. Affirm prioritizes transparency and simplicity in its approach to empower customers with convenient and customizable payment solutions.
Frequently Asked Questions
Klarna
Who can use Klarna?
Who can use Klarna?
To be eligible to use Klarna, you must:
- Be a resident of the United States or its territories
- Be at least 18
- Have a valid card/bank account
- Have a positive credit history
- Be able to receive verification codes via text
Which payment methods are accepted?
Which payment methods are accepted?
Klarna currently accepts most debit and credit cards (i.e., Mastercard, Visa, Discover, American Express), as well as checking accounts for ACH payments. Please note, prepaid cards are not accepted.
What is Pay in 4 and how does it work?
What is Pay in 4 and how does it work?
Pay in 4 allows you to split your purchase into 4 interest-free payments, paid every 2 weeks. Once your items are in your cart, just choose Klarna at checkout. The first payment will be taken from your credit card, debit card or bank account when your order is shipped. The remaining three payments will be automatically charged every 2 weeks afterwards.
Affirm
How do I make my payments?
How do I make my payments?
You can make or schedule payments at affirm.com or in the Affirm app for iOS or Android. Affirm will send you email and text reminders before payments are due.
Can I pay off my purchase early?
Can I pay off my purchase early?
Yes! There’s no penalty for paying early.
Does checking my eligibility affect my credit score?
Does checking my eligibility affect my credit score?
No—your credit score won’t be affected when you create an Affirm account or check your eligibility. If you decide to buy with Affirm, this may impact your credit score. You can find more information in Affirm’s Help Center.