Klarna

What is Klarna?

Klarna is a mobile finance application developed by Klarna Bank AB, available for download on both Google Play and the App Store. The app's primary function revolves around providing consumers with various payment options for their purchases, allowing them to manage their spending with greater flexibility.

It integrates shopping functionalities with financial services, enabling users to make purchases and manage payment plans directly through the application. Beyond payment solutions, it also offers features like cashback rewards and a savings account.

The application presents itself as a comprehensive tool for everyday money management, assisting users with budgeting, tracking purchases, and discovering shopping deals, all within a unified interface.

Is this the real Klarna app?

Key features

• Users can shop anywhere in the app with flexible payment options, including paying in 4 interest-free payments, paying the full amount, or paying in 30 days or over time.
• The app offers up to 10% cashback at hundreds of stores for in-app purchases.
• A membership program provides a Klarna Card for flexible payments wherever Visa is accepted, along with cashback, travel perks, and subscriptions.
• Users can unlock a Klarna Balance to add money, pay flexibly, receive instant refunds, and convert cashback into their balance.
• A flexible savings account allows users to earn interest with no monthly fees to get started.
• The app features a tool to search for products and instantly compare prices across stores.
• It provides a mechanism for hassle-free returns, allowing users to report a return and pause payments.
• 24/7 customer service is available via chat within the app.

Privacy and permissions

When installed on Android devices, the Klarna app requests access to several permission groups. These include Contacts, Location, Photos/Media/Files, Storage, Camera, Microphone, and Wi-Fi connection information. Access to Contacts and Location could potentially allow the app to read user contacts and determine device location. Permissions for Photos/Media/Files and Storage may enable the app to read, modify, or delete contents of the user's storage.

Camera and Microphone access could permit the app to take pictures and record audio. The app also requests Wi-Fi connection information. The developer's listings do not provide further details regarding how this data is specifically used or managed, beyond the general scope of these permission groups.

Klarna Bank AB publishes its privacy policy at www.klarna.com.

Klarna permissions in plain English

Klarna at a glance

Pricing

The Klarna app itself is available at no cost on Google Play and is listed as "Free" on the App Store. However, certain advanced features and benefits within the app are associated with memberships or additional fees. For instance, a paid membership is required to obtain a physical Klarna Card, and a one-time plastic card fee applies for this.

The Klarna Membership, offered in partnership with WebBank, involves a monthly fee, which can be canceled at any time within the app. While the savings account is free to get started and has no monthly fees, membership is required to receive and maintain an Annual Percentage Yield (APY) boost, which only applies to balances up to $50,000. Any balances exceeding this amount earn the base interest rate, and fees may reduce overall earnings. Klarna Mobile, which offers reliable coverage, is available for $35/month.

Klarna compared with similar apps

App	Rating	Installs	Price
Klarna	4.9	–	Free
Google Chrome	4.1	–	Free
Google Maps	3.3	–	Free
Wifi Speed Test	4.0	–	Free

How to get Klarna safely

To ensure a safe installation of the Klarna app, users should only download it from reputable sources such as Google Play or the App Store. It is important to verify that the app is published by the stated developer, Klarna Bank AB, to avoid counterfeit applications.

Users are advised to steer clear of unofficial app stores, APK mirrors, or modified versions of the application, as these can pose security risks. Before completing the installation, it is recommended to review the permissions requested by the app, such as access to Contacts, Location, Photos/Media/Files, Storage, Camera, and Microphone, to understand what data the app may access on the device.

How to install Klarna

Klarna version and app details

Who Klarna is for

The Klarna app is designed for individuals seeking flexible payment solutions for their online and in-store purchases, particularly those who prefer options like interest-free installments or deferred payments. It caters to consumers interested in earning cashback rewards on their shopping and those looking for tools to compare prices and manage their finances.

Given its features like a savings account and budgeting tools, it also appeals to users who wish to consolidate their shopping and financial management activities within a single application. The content rating on Google Play is "Everyone", while on the App Store it is "17+", indicating a broad but potentially more mature audience for its financial services.

Klarna ratings breakdown