Klarna
Swedish payment service for splitting purchases into four payments, paying in 30 days or financing over months.
Updated · AppBreakup editorial · Web, iOS, Android
Is Klarna free?
Yes, free to use
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About Klarna
Klarna is one of the largest buy now, pay later providers, available in the US, the UK, much of Europe, Australia and elsewhere. Its main option, Pay in 4, splits an order into four interest-free payments collected every two weeks, with the first taken when the order ships. Depending on the country, you can also pay in full, pay within 30 days, or spread larger purchases over monthly plans that may carry interest. Pay in 4 uses a soft credit check, and late fees in the US are capped as a share of the order. The Klarna app works as a shopping hub with cashback offers, and Klarna cards and Apple Pay support let you use its plans at stores that don't offer Klarna at checkout. It is free for shoppers, with money made from merchant fees, interest and late fees. Klarna runs on the web and in Android and iOS apps.
Best for: Shoppers who want several payment options, including pay in 30 days, at a very wide range of stores.
Klarna pricing (checked Nov 8, 2026)
Each line is quoted from Klarna's own site, with the page it came from.
| Plan or term | What it says | Checked | Source |
|---|---|---|---|
| US late fee | Up to $7 | Nov 8, 2026 | klarna.com |
| Monthly plans | 3–24 months | Nov 8, 2026 | klarna.com |
Pros and cons
What works
- Pay in 4 is interest-free when you pay on time
- Several options: pay in full, in 30 days, in 4 or monthly
- Available in many countries and at many retailers
- Cashback offers in the app
Why people leave
- Late fees apply if a payment can't be collected
- Monthly financing can carry APRs of up to about 36% in the US
- Pay in 4 is not offered everywhere in the US, such as Hawaii
Klarna vs Afterpay, Affirm and PayPal
From each app's listing and the prices verified on its own site. A dash means we haven't verified it yet.
Top Klarna alternatives
See all 7- 1
Afterpay68.8Very similar pay-in-4 model with capped late fees and a strong US and Australian merchant base.
- 2
Affirm61.8US pay-over-time loans with simple interest shown up front and no late fees, for bigger purchases than pay-in-4.
- 3
PayPal54.4Pay in 4 and Pay Monthly are built into the PayPal checkout many shops already offer, with no separate app needed.
- 4
Zilch42.3A UK pay-later card that works wherever Mastercard is accepted and pays cashback.
- 5
Scalapay42.3Italian BNPL service with three interest-free payments and a strong network of Italian retailers.
Why people left Klarna
In reviewers' own words, from reviews of the apps they moved to. These are their opinions, not ours.
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Reviews
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Klarna: common questions
What is Klarna?
Klarna: Swedish payment service for splitting purchases into four payments, paying in 30 days or financing over months. Best for shoppers who want several payment options, including pay in 30 days, at a very wide range of stores. Available for Web, iOS and Android.
Is Klarna free?
Yes, Klarna is free to use.
How much does Klarna cost?
Klarna is free to use. US late fee: Up to $7; Monthly plans: 3–24 months. Checked on Klarna's own site, November 2026.
Is Klarna open source?
No, Klarna is not open source.
What platforms does Klarna run on?
Klarna is available for Web, iOS and Android.
What are the best alternatives to Klarna?
The highest-ranked Klarna alternatives right now are Afterpay, Affirm and PayPal. See the full ranked list for pricing, platforms and verified facts.
Klarna vs Afterpay: what's the difference?
Both Klarna and Afterpay are free to use. Both run on Web, iOS and Android.