Klarna

What Klarna is

Klarna is a payments and shopping service rather than a search engine, despite sitting in this category. It lets shoppers search and compare products, then pay through instalments, deferred payment or longer financing, with order tracking and returns handled in the same app.

What you can do with it

• Compare prices across retailers
• Pay in instalments or later
• Track orders and manage returns
• Search products from an image
• Manage several purchases in one place

Who it is for

• Online shoppers comparing prices
• Buyers wanting payment flexibility
• People managing multiple orders

What to watch out for

• Deferred and instalment plans are credit: missed payments can incur fees, affect your credit record and lead to collections
• Splitting payments makes it easy to spend more than you planned, so budget outside the app
• Price comparison results depend on which retailers are covered
• Read the terms of each payment option, since they differ by country and product