Introduction:
Klarna is a company that helps customers to receive their purchases immediately and pay later. It made expensive products from various retailers like Apple, Macy, and others affordable with its feature that made its customers pay in installments. Let us see does Klarna accept prepaid cards or not.
Does Klarna Accept Prepaid Cards?
Customers can use Klarna as a form of payment as it is accessible in several online businesses and physical stores. Many payment options are accepted by Klarna like Debit and Credit Cards linked to bank accounts. Klarna does not accept prepaid cards but users can use prepaid cards by adding them to their Apple wallet.
Klarna:
Klarna is the payment application. Its mobile application allows its users to apply for loans. Klarna also has its shopping app. Klarna shopping application helps its customers to spread payments out over three months. The option to make four interest-free payments with Klarna will only be displayed at checkout if your basket qualifies. Users need to verify their identity and set up their payment method with Klarna.
Prepaid Cards as a payment option:
You might consider utilizing your prepaid card as a payment mode to cover your Klarna installments. Of various payment options accepted by Klarna prepaid cards are not the one. Prepaid cards which are not linked to bank accounts are not accepted by Klarna. Cash App Card, Venmo, and prepaid cards from other issuers are not accepted.
Using prepaid cards through Apple Wallet:
Users cannot utilize prepaid cards directly to pay for their Klarna installments. The journey might not be over just yet. There is a solution to use prepaid cards to make Klarna payments.
With a prepaid card that is compatible with Apple Pay, users can pay. You can select Apple Pay as the payment option in Klarna and then use the prepaid card to add money to Apple Wallet.
Cash App Card and Venmo:
Cards from these companies also fall in the prepaid card category. Klarna does not accept both. Here is the solution to use Cash App Cards, add it to your Apple Wallet. Set up Apple Pay as a payment option in Klarna after transferring cash from Cash App Card to Apple Pay.
Venmo Debit Card is not accepted either by Klarna or by Apple Pay.
Capital One:
Capital One does not support any Buy Now Pay Later good.
Netspend Cards:
Netspend cards are a type of prepaid card that is why unacceptable by Klarna.
Chime:
Chime is not supported by Klarna. As a result, Chime users have no chance of linking their accounts to Klarna and making payments. Unexpectedly some Chime users have been able to successfully connect the Chime Credit Builder Card with Klarna.
PayPal:
PayPal payments are not accepted as a form of payment by Klarna. It will be necessary for users to add a debit or credit card from American Express card etc.
Payment options accepted by Klarna:
Klarna accepts most debit cards and credit cards that are connected to a bank account. To use a Klarna card it is important to use the correct PIN. Repeatedly entering an incorrect PIN would lead to disabling the user’s account by Klarna. Klarna will no longer accept card. To unblock your Klarna card enter the correct PIN at a cash machine.
Debit and Credit Card as payment options: Klarna accepts debit and credit cards from major brands.
- Credit and Debit cards of Visa are accepted.
- Mastercard’s credit and debit cards are also supported by Klarna.
- Maestro
Banks accepted by Klarna:
Debit Cards of banks like Bank of America, Wells Fargo, Citibank, etc. It also accepts ASN Bank, Axa bank, Banca Nazionale del Lavoro, Bank of Scotland, Barclays, HSBC, etc.
Apple Pay as a payment option:
Klarna offers its users the facility of using Apple Pay to make their shopping experience amazing. Klarna and Apple Pay make payment safe as neither the device nor the Apple servers retain the Klarna card number.
Google Pay as payment option:
Users can use their Klarna card with Google Pay.
Limitation of Using Klarna:
- The Klarna button is not active for all products at checkout.
- Users must be equal to or above 18 years old.
- Customers cannot buy orders whose total value exceeds $1000.
- Klarna can block its services for customers resulting in missed or delayed payments.
- Claims of financial hardship can lead to being blocked using Klarna.
Conclusion:
Klarna helps its customers to divide the cost of their purchases into four equal installments. In this way, you can buy expensive things at an affordable cost. Klarna supports many payment options from credit and debit cards to Apple Pay. Prepaid cards are not accepted by Klarna at present. Before using cards, the customers must know which cards are accepted by Klarna. Compatible prepaid cards can be used to pay Klarna installments by adding them to Apple Pay.
Frequently Asked Questions:
Does Sezzle the BNPL service accept prepaid cards?
Sezzle does accept prepaid cards as a form of payment but only after the first payment on a new order. It uses prepaid cards to make installment payments.
Can I use a credit card as a form of payment for orders made with the Klarna Card?
No, Klarna does not offer its customers to use credit cards as a mode of payment for the goods purchased with the Klarna Card.
