Klarna is an online payment method that was founded in Stockholm, Sweden in 2005 that has become increasingly popular as a deposit method for online casino players.
Originally from humble beginnings, Klarna has emerged as one of Europe’s largest virtual banks that provides payment solutions to over 60 millions customers across 130,000 merchants in 14 countries.
With a Northern European E-commerce market share of 10% and handling over 1,000,000 transactions per day, Klarna has undeniably become a giant in the online finance sector. And, with the multiple services that are on offer, it’s easy to see why.
Whilst, not all of the services on offer are applicable to online casino enthusiasts – such as the ability to divide larger payments into smaller, more manageable chunks – the option to make direct and instant payments from your bank to a casino account with Klarna should appeal to online casino players who wish to keep their banking information secure and private.
Currently, these transactions can be made using a number of different currencies, including:
- EUR (Euros)
- GBP (Pound Sterling)
- USD (United States Dollar)
- DKK (Danish Krone)
- SEK (Swedish Krona)
- NOK (Norwegian Krone)
- AUD (Australian Dollar)
- CHF (Swiss Franc)
So, with a wide range of funding options, Klarna should appeal to online casino enthusiasts from all over the world.
Throughout this payment method overview, you will find all the necessary information regarding how to use Klarna as a smooth and seamless way to fund your online casino adventure.
Online Casinos That Accept Klarna
As this is such an easy to use and convenient payment method for funding your casino account, there are multiple online casinos that accept Klarna as a way to make deposits and withdrawals.
However, it is worth noting that not all of Klarna’s services – such as the ‘Pay later’ and ‘Slice it’ options – are available to be used, as it is logical to conclude that, when making a wager with an online casino, you must have the necessary funds to do so beforehand.
Furthermore, in 2014 Klarna merged with German financial service company SOFORT, which is a popular online banking method in German-speaking countries and, as a result, the Klarna Group was established. This may cause some confusion to players at certain online casinos as the option to pay with Klarna may be listed as ‘SOFORT.’
Therefore, we have done the necessary legwork to present a list mentioning some of the best casinos and their respective welcome packages that offer Klarna as a payment method, so you don’t have to!
Paying With Klarna In An Online Casino
So, you’ve made the decision as to which online casino offers the best all-round experience for you and it’s time to make a deposit using Klarna’s direct transfer service to fund your account.
When choosing to pay with Klarna, players will not be required to register a separate account and the transfer will be successful as long as the casino and the bank with which they have an account support Klarna and/or SOFORT.
After navigating the casino’s website and finding where to make a deposit, select Klarna (SOFORT) as a payment method and a new window for Klarna’s payment system will open up. There, you will be required to choose the country you reside in and the bank with which you have an account, then you simply need to enter your login details (PIN, account number and password) and select how much you wish to deposit.
The funds are taken directly, in real-time from your bank account and transferred instantly to your online player account with no additional fees, however, we always suggest that players check with their banking institution in case of any additional charges on their end.
An additional benefit of using this payment method is that it is mobile compatible, so players can make simple and convenient deposits, on the go!
Withdrawing With Klarna In An Online Casino
Making a withdrawal with Klarna is essentially performed in the same way that you would make a deposit. First of all, you will have to select it among the various online payment options that your chosen online casino has to offer and, as long as your banking institution accepts it, the transaction will be confirmed without any additional hassle.
Players should keep in mind that, whilst a great number of online casinos accept Klarna as a deposit method, there are fewer that offer it as a means for withdrawing funds and for those that do, transactions will not be instantaneous, they will usually take 2-3 business days to process.
Additional fees are not charged by Klarna for making withdrawals, but be sure to check with the online casino and your bank in case of extra charges.
Advantages Of Using Klarna
As we’ve previously mentioned, one of the biggest advantages of using Klarna as a method for making deposits to an online casino is the fact that the transfers are processed instantly, meaning players can jump straight into the action and spin away on their favourite video slots or play their preferred table games.
Another benefit of using Klarna is that you won’t need to share any of the sensitive and personal information associated with making a deposit with the online casino, which is an added layer of security that is in place for your protection and peace of mind.
Disadvantages Of Using Klarna
The only real disadvantages to using Klarna are associated with withdrawals and availability outside of certain territories.
The fact that fewer casinos offer Klarna as a withdrawal method than they do as a deposit method limits a players choice as to where they can play if Klarna is their only means of transferring potential winnings. Additionally, the 2-3 business days that customers must wait for their withdrawal may not necessarily be as quick as other methods.
Also, as Klarna is only available for use in a small selection of countries within Europe and in the US, not all online casino enthusiasts will be able to take advantage of the services that Klarna have to offer.
Where To Pay With Klarna?
Whilst Klarna may not be as popular as other, more common payment methods such as VISA, Neteller and MasterCard, there are still plenty of online casinos out there that welcome players who use this platform with open arms, so be sure to check out the list of casinos that do so, on this page!
Interesting Facts About Klarna
- The word ‘Klarna’ in Swedish translates to ‘clear’ – which is what this company endeavours to be. Their mission is to be “simple and transparent in everything we do – because life is complicated enough already.”
- “Klarna by name, Klarna by nature.”