Klarna was founded in 2005 in Stockholm, Sweden with a simple aim – make shopping and online payments in general much easier for the people. This company is backed by many investors, including Bestseller, Permira, Atomico, and Visa.
Thanks to its great services, Klarna is now among Europe’s largest banks and it provides payment solutions for over 90 million customers. It offers direct payments, pay after delivery options and instalment plans that let customers pay when they prefer to. Klarna was acquired by SOFORT in 2014 and became part of the Klarna Group.
It is safe to say that this is a very customer-orientated payment method which is designed to satisfy the needs of the users, hence why it became so popular and so loved in such a short period. In the past couple of years, aside from shopping online, Klarna has become a preferred payment method at online casinos.
Online casinos have also had a massive surge in popularity in the recent period, and one of the biggest advantages that these sites have is the number of accepted payment methods. One of those accepted payment methods is Klarna and we are here to break down all the details surrounding deposits and withdrawals with it. Let’s check it out.
When making deposits and withdrawals at online casinos, players can sometimes be concerned about their security, which is no wonder, considering the fact that the number of online scams has spiked in the past couple of years.
Klarna is a very safe method and players can rest assured knowing that they can complete both types of transactions without any interruptions. To make things even better, online casinos use advanced security systems which hide your sensitive data and turn it into an unbreakable code. Players are also provided with a certain level of anonymity, which means that your online security is at the highest level.
All deposits and withdrawals made with Klarna come free of charge, but some fees may be applied by the online casino of your choosing, so make sure that you read the casino’s policies when it comes to banking.
Deposits with this payment method are instant, while withdrawals may take 2-3 days to be processed. The reason for the waiting is because the funds that are being transferred go through several verification steps to make sure that the money ends on the right account and at the right person.
Depositing money using Klarna is easy, but there is one thing that the player needs to do before they can transfer funds to the casino account – they need to register. The process of registration is very fast and lasts just a minute. All you have to do is fill out an online application form.
After you fill out the form, you will choose your preferred depositing method; in this case Klarna. Due to the fact that Klarna is very well-accepted among the people, a majority of online casinos feature this method.
As we stated earlier, all deposits are instant, but it is worth noting that players may be restricted from getting some bonuses and promotions from the online casino if they choose Klarna as their main deposit method. That is why it is worth to read the terms and conditions on the bonuses as they vary from one casino site to another.
Yes, there are limits for deposits and withdrawals at pretty much all online casinos. The minimum and maximum limit vary from one online casino to another. The minimum deposit amount is usually around $/€10 to $/€20. As for the maximum deposit, some online casinos may limit the max amount that you can deposit, while some don’t.
Same goes for withdrawals. The minimum withdrawal is $/€20 in most cases, but it can be as low as $/€10. As for the maximum withdrawal, most online casinos have a fixed sum, but some may limit the amount that you can withdraw in one day, one week, or one month. Again, that is all up to the banking policies of the online casino that you choose.
Players may also be able to set their own maximum deposit and withdrawal amounts, but of course, they cannot exceed the amount set by online casinos.
The biggest pro that comes from using Klarna is that this payment method is fully optimized for making transactions at online casinos. It also provides you with 3 separate payment types and gives you customer flexibility.
Customers get regular payment reminders and in the case of a transaction being cancelled, they get the full refund.