The online gambling industry is ever-evolving. Whether it’s new security features implemented or new payment options, casinos are constantly changing for the better. Digital payments have created a revolution in online gambling. They’ve paired the safety and security of traditional payment methods with improved speed, allowing players to make fast deposits and withdrawals. Among the greatest and most surprising innovations on the market are online casinos that accept Klarna deposits.
If you’ve recently joined a new online casino, you might have come across Klarna’s logo. Within years, Klarna as a payment method has become a favorite among players. It was found in 2005 and became one of the preferred payment methods in online casinos in recent years thanks to the simple, easy, and instant transactions.
Now accepted at leading online casino sites, Klarna is a payment option players know and love. Unlike bank accounts, it allows you to make swift and secure deposits. It’s a great and popular payment method that is quickly turning into a European favorite.
What is Klarna?
In the world of online gambling, there are numerous ways to make deposits. Bank transfers give you peace of mind when it comes to safety and security, but are slower. Credit and debit cards improve on the speed. E-wallets are digital payment methods that improve upon the speed further and promise tight security. Klarna allows you to make instant bank account deposits which are much faster than the good ol’ bank transfers.
The Swedish company is the first to introduce invoice-based payments at online merchants. You can even split the costs in up to 3 instalments, with the first one coming 30 days after processing. It’s quite a unique payment option that makes things easy for many buyers. Why borrow money or use your credit card to pay online when you can pay later? With Klarna’s invoice, you can pay for goods or services up to 30 days later, or choose to split it in 3 instalments. Unfortunately, this option is currently not available in online casinos – you can only use it at online merchants.
Of course, it has all the safety and security measures you can think of, so this type of payment is fully legit. Regardless if you’re using it to make a deposit right away or in 3 instalments, it’s a great way for casino players to fund their accounts.
Setting Klarna up is a breeze. Signing up for the service is 100% free. You can use it easily to deposit in online casinos. Just head to the Payments or Cashier page, select it, connect your account, and choose how to repay Klarna later. That’s it – you should have fresh funds in your account in minutes, allowing you to play your favorite slots and casino games with ease.
How Does it Work?
Klarna works just like other instant banking services. It solves one of the biggest problems of bank transfers – the speed. Compared to direct bank payments, Klarna is much faster and come with several extra security layers that eliminate the risk of frauds or data leaks and theft. To use it online, just find a gaming site with the Klarna badge – that will tell you that it has online banking enabled.
The payment service currently accepts several currencies, including EUR, USD, GBP, SEK, NOK, CHF, and more. We already mentioned that it also introduces an invoice-payment system that allows you to buy now and pay later. You’re able to choose the instalments plan by yourself as long as you spend over $200. This option is not available for online gambling sites, but is a unique feature that draws interest from online buyers.
Since it works like an instant banking processor, Klarna is the perfect alternative to giropay, Trustly, or Zimpler. It may not be available worldwide, but the tides are expected to turn soon.
Klarna Safety and Security
Many casino players will be wondering if Klarna is a safe payment method to use in online casinos. It surely is. When you play casino games online, safety should be a priority, and Klarna pays a lot of attention to it.
When making a deposit with it, the entry of your details occurs entirely in the Klarna payment system. The merchant or online casino has no access to it. The Swedish company has secured its servers with highly secure tech, so your details will never be visible to third parties. They won’t be visible to Klarna employees as well, so you can rest assured that data leaks are not possible in Klarna’s ecosystem at all.
Of course, your safety and security are also guaranteed by the casino of your choice. In order to make effortless payments, you should always choose licensed and regulated casinos. In that way, you will be 100% sure that your money will land where it needs to land, without anyone being able to access it when you play.
How to Use Klarna as a Payment Method?
Klarna has been used by thousands of casino players around the world to make instant deposits. Unfortunately, its nature doesn’t allow you to withdraw funds. You can fund your account with Klarna, but getting your winnings out will require you to choose another online payment method or use the Sofort service where available. For their convenience, many players choose e-wallets such as Neteller, PayPal, or Skrill.
If you’ve never used Klarna as a payment method before, we’ve got your back. While the actual process will differ from one casino to another, it should go like this in general:
- Find a reputable Klarna online casino
- Head to the Cashier page, sometimes known as Payments
- Click on deposit
- Choose Klarna from the list of options
- Enter the desired amount – you will either need to write it in the designated field or use a slider to adjust the number. Some casinos will have pre-determined amounts to deposit such as $50, $100, or so
- If required, log in to your Klarna account and follow the steps to authorize the transaction
- Complete the final steps to confirm the deposit
- Play your favorite slots and casino games
In general, this process won’t take more than a few minutes of your time. The money should land instantly so you immediately head to the game lobby and enjoy spinning slots or playing poker.
If you win something, you should withdraw funds with another online payment option. Online casinos that accept Klarna deposits usually come with a host of other banking options, so you shouldn’t have a lot of trouble to find an alternative for withdrawals.
As expected, there are no fees when you use Klarna in online casinos. The payment provider charges nothing when you use it online. However, you should be aware that the casino of your choosing might apply fees on transactions. In that case, you will be charged a small fee that has nothing to do with Klarna itself.
Reputable casinos usually eliminate these transactions so there’s nothing to fear. However, it’s worth checking out the Payment section to learn of any extra charges.
Sofort by Klarna
Since its launch, Klarna has been able to acquire German payment provider Sofort Überweisung. Thanks to this acquisition, it is able to offer direct bank transfers that are fast and safe. In some Klarna casinos, you will find two Klarna options to use – the original Klarna, and Sofort by Klarna. Either way, you will fund your account instantly and securely. The option that you get depends on the country you live in.
Using Sofort via Klarna’s service means depositing funds into your casino account via your bank account. The Pay Now by Klarna service also allows you to make debit and credit card payments. You don’t need to enter that information all the time. Klarna can securely store the data so you can make one-click deposits the next time you use it.
Klarna has so far partnered with dozens of banks across Europe for the Sofort direct bank transfer deposits. While it usually takes banks a few hours to process money, these deposits are completed fast. In Germany, all banks support Sofort transfers. For other countries, it would be best to talk to the live support service.
Benefits of Using Klarna in Online Casinos
Just like any other payment method, there are pros and cons of using Klarna in online casinos. The pros far outweigh the cons, but still, there are a few shortcomings of this online payment method casino players should know about.
Below you can see all the advantages and disadvantages listed for your convenience.
||Not available worldwide
|Direct bank payments through Sofort
|Very easy to use