Klarna is a Swedish payment service that allows customers to make purchases without payment at online stores. So, you can enjoy shopping anywhere now and pay later. The company was founded in 2005 and initially focused its services mainly on web shops. The idea behind this service was that at a webshop, you first want to have the product in-house and see if it is good before you pay. A few years ago, Klarna also shifted its services to non GamStop casinos. It is not surprising that a Swedish company has specialized in post-payment at online casinos.
Sweden is one of the largest producers of online casino software, and many of the major non GamStop casinos are based in this country. Klarna decided to partner with these casinos and offer their services to virtual gamblers. If you have an account with Klarna, you can still play and pay afterwards. So you do not have to have money in your account when you are gambling, but you will be sent a bill afterwards that you have to pay.
Advantages of Klarna at Non GamStop Casinos
The big advantage is that you can start gambling immediately, even if you do not have any money in your bank account at that time. You deposit money into your account at the non GamStop casino. You will then receive an invoice, after which you have 14 days to repay the amount. This means that you do not have to wait for your wages to be paid in order to still be able to use that attractive bonus. You can immediately collect the bonus and start playing.
Another advantage of Klarna is that you do not have to pay interest on the amount you will pay afterwards. Another possibility to pay later is to make a deposit with a credit card. But if you use a credit card to deposit money into your player account, you often have to pay a fairly hefty interest. With Klarna, you do not have to pay this interest.
Moreover, depositing money through Klarna is also safe as they also offer protection for buyers on top of all the encryptions and other safeguards. This is especially interesting if you buy something from an online store and something turns out to be wrong with your purchase.
And many casinos not on GamStop give you extra bonuses if you choose this payment method, such as extra spins.
Disadvantages of Klarna at Non GamStop Casinos
A disadvantage is that each casino can determine the limit for post-payment. This is because the casino takes care of the costs for paying afterwards. The casino has to pay more as the amount you pay afterwards becomes higher. On average, you can pay up to 250 euros afterwards at most non GamStop casinos, but there are also exceptions that have a much higher limit.
With 250 euros, the total amount that you can pay afterwards is lower than with a credit card, but you do not have to pay interest on it. Another disadvantage is that you will receive a credit check if you use Klarna to deposit money into your account. In fact, by using Klarna’s services, you take out a short-term loan. They check whether you have always paid your loans properly in the past and whether you are creditworthy to take out a new loan. You do not have to do this separately because the check takes place automatically when you choose Klarna as the payment method.
The main disadvantage of Klarna is that you can lose track of your spending in the non GamStop casino, and you end up spending money that you don’t actually have. The temptation is very great to deposit a little extra if you think you are winning, and Klarna makes it very easy to deposit extra money that you just don’t have at the moment. Do not use this service to exceed your gambling budget because, before you know it, you will be in debt. Therefore, never deposit money that you cannot repay.
Fees of Klarna
Depositing money with Klarna costs 1.19% of the amount you deposit in the UK. In other countries, that percentage may be higher or lower. Usually, the online casinos not on GamStop take care of these costs, so as a player, you will not notice it. This explains why most non GamStop casinos set a maximum amount on what you can deposit with Klarna.
Make sure you pay your bills on time, otherwise, Klarna can charge you a lot of costs. The first reminder is free of charge, and you will receive a new payment term of 14 days. If you have not yet paid, Klarna will send a reminder and charge €13.50 in reminder costs. If you still do not pay, these costs can amount to € 2,500. There is a maximum of 15% on the amount you have deposited.
How Does Klarna Work at Non GamStop Casinos?
Before you can use Klarna, you must first download the app and create an account. Once you have created an account, you can simply deposit money by choosing Klarna as the payment method.
- You can also arrange your payments in the app. How to create a user profile and deposit money at an online casino with Klarna:
- Download the app from the Klarna website or from the Apple store or Google Play.
- In the app, you enter your name, address, place of residence, and email address. You can now choose Klarna as a payment method at the online casino.
- Go to the cashier section, choose the amount you want to deposit and choose Klarna as the payment method.
- A quick iScore test is performed, and if you pass, the amount is deposited into your player account.
- You will receive an email from Klarna almost immediately with the invoice that you must pay within 14 days.