Klarna vs. PayPal - payment services in comparison
Whether Klarna or PayPal - everyone wants to pay conveniently online. Therefore, in this article we compare the two payment services and tell you which is the better.
Klarna: First goods, then pay
The Swedish company Klarna offers its users to only pay for the goods after they have received them. But is shopping really "easy and safe" with Klarna?
- Payment options: The main payment option is by invoice - you only have 14 days to pay for the goods once they have been received. You can also pay in installments, but not with a credit card. In another practical tip, we explain how Klarna works.
- Buyer protection: According to the company's website, extensive measures are taken to offer the safest payment method. All shops with the Klarna logo were checked for their seriousness. However, there is no money-back guarantee.
- Receiving money: Klarna is only there to pay and not to receive money.
- Distribution: According to SimilarTech.com, around 5, 000 websites use Klarna as a payment system.
PayPal: everywhere & multifunctional
The market leader among payment providers for online shops is called PayPal. In almost every shop you can quickly and easily pay with PayPal, only with a password and email address.
- Payment options: With PayPal you can pay by credit card, installment payment, direct debit, bank transfer, Giro-Pay or simply with your PayPal credit. We'll show you how to easily add a bank account in PayPal.
- Buyer protection: If the item has not been sent or deviates significantly from the item description in the shop, you can apply for buyer protection with PayPal. In most cases you will receive the complete purchase price including shipping costs back.
- Receive money: Sending and receiving money to a bank account deposited with PayPal is easy and inexpensive. If you use your deposited credit card, you as the sender pay 1.9% of the total plus 0.35 euros per transaction.
- Distribution: This shows once again why PayPal is the most popular payment method worldwide: Around 700, 000 websites offer payment with PayPal.
Conclusion: PayPal is the number 1 payment service
Not only the statistics show that the World Wide Web pays and sells with PayPal. Not without reason: Klarna looks a bit pale with its two payment methods in addition to PayPal with six payment options. You pay at Klarna only after receiving the goods, but you are secured with PayPal with every online purchase. The biggest advantage, however, is and remains PayPal's distribution: While Klarna must still establish itself as a payment method, hundreds of thousands of shops are already using PayPal today.
If you're also concerned about your payment details, we'll tell you how secure PayPal is.